Loading…
Cattle feeders are seeking changes to cash cattle markets, and a new bill in Congress would force additional negotiated cash cattle trade. The short article focuses on feeder frustration with current price discovery.
A mandate for more negotiated cash trade could improve fed cattle price transparency and affect how feeder and fed cattle prices are set.
inforum.comAaron GodardMay 30, 2020After 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.
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.
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.
