At least sixteen fires have broken out at food processing plants, impacting the nation’s supply of beef and poultry
There has been an outbreak of fires in food processing facilities across the nation in the last six months as food prices soar and supply chains are stressed to their limits.
The fires began showing up regularly in the news after a fire closed a Tyson Foods meat processing plant in Kansas. The location was a primary beef processing location for the company and the U.S. supply chain, providing about 6% of U.S. beef.
After the fire, analysts began speculating that the impact could drive up market prices for meat nationwide. Dan Norcini, part of the beef and poultry trading markets, said the cattle market would likely “respond negatively” to news of the fire. He said the long-term impact would depend on how long the plant stays closed.
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