COVID-19 Cattle Producer Impacts - An Update
Much has changed since my last blog (April 7, 2020), which focused on how COVID-19 had impacted cattle producers in California. At that time, widespread processing plant slowdowns and closures hadn't even been conceived and consumer purchasing patterns, driven by shelter-in-place orders, were the primary driver of wholesale and retail price increases for beef. In the intervening period, processing plant slowdowns and temporary shutdowns created a substantial bottleneck and market-wide impacts that reverberated throughout the supply chain.