USDA Raises Meat Production Estimates - Zia Commodities, LLC

After 144 past bearish report events, LCATTLE moved a median -0.1% over 5 sessions (49% higher; middle half -1.1% to +0.9%), and +0.5% over 20.

• Dec 4, 2023USDA increases beef production forecasts - Grainews-1.8%
• Dec 22, 2023Commodities Overview Dec 2023 Edition - ADM Investor Services+0.7%
• Feb 14, 2017US beef production squeezes imports+0.8%
• Sep 25, 2018Increasing beef production: What it means for cattle prices+0.7%
• Sep 2, 2016Commodities: Gasoline drops for Labor Day-1.8%

After 159 past bearish report events, HOGS moved a median -0.2% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +1.0% over 20.

• Jan 14, 2025USDA Projects an Increase in US Pork Production – LACO Commodity Research-0.9%
• Mar 20, 2024Latest WASDE report raises red meat, poultry production - High Plains Journal-0.2%
• Sep 30, 2024US Pork Production and Futures Price Range Projection – LACO Commodity Research+1.6%
• Oct 12, 2018U.S. livestock: Cattle futures rise on cut in beef production estimate - AgCanada-14.1%
• Dec 28, 2023Traders Bear Spread Hog Market Following Report - Zia Commodities, LLC-0.6%

Not enough comparable past events yet for a historical read.