
Live cattle equivalent index was $288.28 and lean hog equivalent $123.39 on June 30 per DTN. Futures rallied Friday on record equity markets and US-China trade agreements, while a strike began at the Tyson Amarillo plant.
A plant strike can disrupt cattle slaughter and feeder demand, while cash cattle discounts to futures limit upside, so the net effect on feed demand is mixed.
After 40 past logistics events, LCATTLE moved a median -0.3% over 5 sessions (45% higher; middle half -1.4% to +1.4%), and -1.9% over 20.
After 22 past logistics events, FCATTLE moved a median +1.7% over 5 sessions (64% higher; middle half -0.5% to +2.0%), and +2.2% over 20.
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.