Weekly Address: Free Trade Distorts Domestic Cattle Prices - R-CALF USA

After 28 past neutral policy events, Feeder Cattle moved a median +0.2% over 5 sessions (61% higher; middle half -0.6% to +0.8%), and +0.8% over 20.

• May 19, 2021Livestock groups unite on need to address cattle markets-0.4%
• Jul 6, 2021Editorial: Protecting cattle from pest and disease - Texas Border Business+0.7%
• Aug 6, 2021Price Margins Don’t Add Up in Favor of Producers | Calf News+0.7%
• Jun 21, 2017CFTC fines U.S. cattle futures traders $5 million+0.7%
• Jul 12, 2022Sask. cattle producers call for meat pricing investigation, transparency+1.0%

After 102 past neutral policy events, Live Cattle moved a median +0.6% over 5 sessions (63% higher; middle half -0.7% to +1.2%), and +1.3% over 20.

• May 19, 2021Livestock groups unite on need to address cattle markets-0.0%
• Mar 25, 2021Cattle prices investigated - AG INFORMATION NETWORK OF THE WEST+1.4%
• Aug 6, 2021Price Margins Don’t Add Up in Favor of Producers | Calf News+1.1%
• Jan 31, 2019Cash trade vs. fed cattle basis; what’s the deal?+0.3%
• Jun 21, 2017CFTC fines U.S. cattle futures traders $5 million-3.7%