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CME live and feeder cattle futures jumped as US supplies reached a 75-year low and cash prices climbed. Northern cash cattle reached $265 per cwt, and the Trump administration had halted Mexican cattle imports over screwworm.
Cattle supplies at multi-decade lows and cash-futures basis strength point to firm live and feeder cattle prices.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.