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Peel: Tyson’s fire caused classic market disruption

Photo courtesy of Oklahoma State University (OSU)

The big fire at Tyson Foods’ beef processing facility in western Kansas caused a major upheaval in the price of boxed beef and a major downtrend in the price of fed cattle.

The marketplace has returned to normal over the last two months, but the anger in the livestock community has not.

The second half of comments by Dr. Derrell Peel, of Oklahoma State University, as he addresses the reality of a classic disruption of a commodity market.

AUDIO: Profit Matters 10-8-19

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