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James Mitchell, a University of Arkansas livestock marketing specialist, explains seasonal cattle price patterns driven by fall calf supply and summer grilling demand. The article also reports a fire at the JBS plant in Grand Island, Nebraska, with limited details.
Fall calf supply typically pressures feeder prices seasonally, while the JBS plant fire could temporarily reduce packer capacity and cut cattle demand. The seasonal analysis is educational rather than a new market shock.
u.osu.eduSmith atSep 15, 2021After 20 past bearish logistics events, Feeder Cattle moved a median +1.3% over 5 sessions (60% higher; middle half -0.7% to +2.0%), and +2.1% over 20.
After 29 past bearish logistics events, Live Cattle moved a median -0.3% over 5 sessions (38% higher; middle half -2.0% to +0.5%), and -3.7% 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.
