• Skip to primary navigation
  • Skip to main content
Texas and Southwestern Cattle Raisers Association

Texas and Southwestern Cattle Raisers Association

To Honor and Protect the Ranching Way of Life

  • Home
  • Who We Are
    • Why Join
    • Leadership
    • Staff
    • Partners
    • FAQs
    • Newsroom
    • Sponsorships
    • Employment
  • What We Do
    • Theft and Law
    • Issues and Policy
    • Education
    • Students and Young Professionals
    • The Cattleman Magazine
    • Disaster Relief Fund
    • Cattle Raisers Insurance
    • Cattle Raisers Trading Co
  • Events
    • Cattle Raisers Convention
    • Policy Conference
    • Summer Meeting
    • Ranch Gatherings
    • Ranching 101
  • Join
  • Member Center
  • TSCRA Store
  • Show Search
Hide Search

Here’s how cattle and hog futures have reacted to meat-processing plant closures

Meat processing plant closures in the U.S. weakened livestock demand and led to concerns over a possible shortage of beef and pork. Demand surged when stay-at-home orders began as people stocked up on the products, and then fell because consumers tend to eat less meat at home than in restaurants. That also created price volatility for cattle and hog futures.

So far this year to Friday, futures prices for feeder cattle FCQ20, -1.86%, at 136.95 cents a pound, lost about 12% after posting four consecutive months of declines. They trade around 9% higher month to date. 

The coronavirus pandemic led many meat-processing plants to temporarily close as employees fell ill. Live animal prices “plummeted due to a larger supply of animals versus processors to buy them,” said Arlan Suderman, chief commodities economist at INTL FCStone. 

Read more at MarketWatch… 

Written by:
kristin
Published on:
May 13, 2020

Categories: COVID-19, Market News, The Cattleman Now, The Cattleman Now - App

Recent Posts

Crime watch: Brangus bull missing in Fayette County

June 13, 2025

Texas & Southwestern Cattle Raisers Association Special Ranger Kenny Murchison, District 20 in …

Continue Reading about Crime watch: Brangus bull missing in Fayette County

Crime watch: Cattle missing in Freestone County

June 13, 2025

Texas & Southwestern Cattle Raisers Association Special Ranger Chace Fryar, District 21 in East …

Continue Reading about Crime watch: Cattle missing in Freestone County

Crime watch: Charolais bull missing in Luling

June 13, 2025

Texas & Southwestern Cattle Raisers Association Special Ranger Robert Fields, District 25 in …

Continue Reading about Crime watch: Charolais bull missing in Luling

Footer

Who We Are

Why Join
Leadership
Staff
Partners
FAQs
Newsroom
Sponsorships
Employment

What We Do

Theft and Law
Issues and Policy
Education
Students and Young Professionals
The Cattleman Magazine
Cattle Raisers Insurance
Cattle Raisers Trading Co.
Texas and Southwestern Cattle Raisers Association

Information

Cattle Raisers Blog
News Releases
Bereavements
Events
Sponsorships & Advertisement
Tip Hotline
Get Involved
Links

Membership

Membership Center
Membership Center Instructions
Join
Renew
  • Email
  • Facebook
  • Instagram
  • Twitter
  • YouTube

PO BOX 101988
FORT WORTH, TX 76185

1-800-242-7820

© 2023 Texas & Southwestern Cattle Raisers Association; All Rights Reserved.

COPYRIGHT | PRIVACY POLICY | TERMS OF USE