Loading…
A Los Angeles Times article on California meat plant disruptions notes that the expected price for premium calves has dropped 15% to 25% according to the California Cattlemen's Association. The excerpt is fragmentary.
Lower expected calf prices signal reduced cattle values as processing disruption hits ranchers, weighing on feeder cattle markets.
latimes.comSamantha Masunaga, Sarah Parvini, Susanne RustMay 12, 2020After 46 past bearish disease events, FCATTLE moved a median +0.3% over 5 sessions (54% higher; middle half -2.3% to +1.6%), and +1.8% 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.
