Input Costs Will Continue to Challenge Livestock Producers Into 2022

After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.

• Sep 13, 2017USDA forecasts point to less meat, cheaper livestock feed+1.3%
• Oct 12, 2018U.S. livestock: Cattle futures rise on cut in beef production estimate - AgCanada+0.0%
• Mar 7, 2025China: Livestock and Products Semi-Annual | USDA Foreign Agricultural Service+2.1%
• Mar 6, 2025Beef and Egg Supply Constraints Forecast to Continue in 2025 – The Van Trump Report+1.9%
• Aug 1, 2024Livestock Market Update for The Second Half of 2024 | Farm Bureau Intel Markets | American Farm Bureau Federation-1.5%

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

• Feb 28, 2019Hog producers continue to ramp up production, despite negative returns+2.0%
• Aug 1, 2016More shackle spaces will squeeze margins to benefit producers, consumers-2.5%
• Mar 5, 2018Higher protein production forecast pressures prices for livestock producers | Western Livestock Journal-0.2%
• Sep 7, 2022China: Livestock and Products Annual | USDA Foreign Agricultural Service+0.4%
• Nov 1, 2023Pork Producers Navigate Challenges With Record Productivity, Rabobank Report Reveals - Pork Business+0.6%

Not enough comparable past events yet for a historical read.