JBS Restarting Operations After Cyber-Attack

JBS Restarting Operations After Cyber-Attack

Cattle hide production, offers and prices remain in a state of uncertainty for a number industry participants while JBS focuses on reopening plants and sorting out shipping issues. The cybersecurity attack on the meatpacker has disrupted normal business operations for buyers and sellers throughout the market with JBS representing over 20 percent of US beef production. Limited offers are out today and a big packer sale of Heavy Texas Steer was reported up $3 from last traded level. Branded Steers continue to be highly sought after, but prices remained steady today.


Outstanding Export Sales  —  Through May 20

Tables 1 and 2 below show the total outstanding cured hide and wet blue export sales by selected countries through May 20. Through Week 20, the total outstanding…

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