Cattle Collapsing as Spec Longs Head for the Exits

After 70 past bearish disease events, LCATTLE moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.0%), and +0.4% over 20.

• Aug 1, 2022The battlefronts facing the live cattle trade | Farm Online | ACT+0.1%
• Apr 30, 2024US live cattle, feeder cattle futures end lower - CME | The Cattle Site-1.9%
• Jun 17, 2022May cattle exports near 60,000 head - Beef Central+0.3%
• Jan 1, 2018Canada Blocks Texas Cattle as Flesh-Eating Screwworm Returns to the US After 60 Years-0.4%
• May 9, 2020Cattle Market Expectations for Fall Under COVID-19 - Northern Ag Network+4.3%

After 46 past bearish disease events, FCATTLE moved a median +0.3% over 5 sessions (54% higher; middle half -2.3% to +1.6%), and +1.8% over 20.

• Apr 30, 2024US live cattle, feeder cattle futures end lower - CME | The Cattle Site-2.7%
• Jun 17, 2022May cattle exports near 60,000 head - Beef Central+0.7%
• Jan 1, 2018Canada Blocks Texas Cattle as Flesh-Eating Screwworm Returns to the US After 60 Years+0.3%
• May 9, 2020Cattle Market Expectations for Fall Under COVID-19 - Northern Ag Network-2.5%
• Mar 6, 2020Analyst: Cattle markets roiled by the coronavirus-11.1%