Grinding through fed Cattle Supplies

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.

• Apr 12, 2023Fed Cattle Supplies+3.3%
• Apr 12, 2023Fed Cattle Supplies | Ohio BEEF Cattle Letter+3.3%
• Oct 31, 2022Ongoing drought could spell lower future cattle supplies - RFD-TV+1.1%
• Apr 2, 2023Futures File: Cattle bolt on low supplies - CNHI+3.5%
• Aug 1, 2019Turning point in US cattle supply+0.4%

After 227 past bullish report events, Feeder Cattle moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.5%), and +1.1% over 20.

• Apr 12, 2023Fed Cattle Supplies+1.9%
• Apr 12, 2023Fed Cattle Supplies | Ohio BEEF Cattle Letter+1.9%
• Oct 31, 2022Ongoing drought could spell lower future cattle supplies - RFD-TV-0.0%
• Aug 1, 2019Turning point in US cattle supply-1.4%
• Jul 10, 2019Finding a Bottom Through Grains and Holiday Meat Demand | Ohio BEEF Cattle Letter-1.3%