Cattle futures drop on screwworm fears and profit-taking - CME

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

• Apr 30, 2024US live cattle, feeder cattle futures end lower - CME | The Cattle Site-1.9%
• May 1, 2024LIVESTOCK-Bird-flu testing of US ground beef sinks CME cattle futures | MarketScreener-1.6%
• Jan 1, 2018Canada Blocks Texas Cattle as Flesh-Eating Screwworm Returns to the US After 60 Years-0.4%
• Apr 2, 2020Why beef prices are up and cattle prices are down-5.8%
• Jan 28, 2025USDA’s APHIS and Mexico Getting Closer to Reopening the Border for Feeder Cattle With Updated Screwworm Protocols - Oklahoma Farm Report-0.6%

After 46 past bearish disease events, Feeder Cattle 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%
• May 1, 2024LIVESTOCK-Bird-flu testing of US ground beef sinks CME cattle futures | MarketScreener-1.0%
• Jan 1, 2018Canada Blocks Texas Cattle as Flesh-Eating Screwworm Returns to the US After 60 Years+0.3%
• Apr 2, 2020Why beef prices are up and cattle prices are down+2.1%
• Jan 28, 2025USDA’s APHIS and Mexico Getting Closer to Reopening the Border for Feeder Cattle With Updated Screwworm Protocols - Oklahoma Farm Report-3.3%