Rabobank: Processing labor pains to hit livestock producers hard

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.

• May 22, 2026Cattle futures fall amid placement, processing concerns | Western Livestock Journal-0.3%
• May 15, 2020Bottleneck in beef industry pushes producers into making key decisions+6.2%
• Aug 30, 2019Markets slow to recover from post-fire crash | Western Livestock Journal-4.4%
• Aug 16, 2019Kansas Tyson plant in flames | Western Livestock Journal-0.3%
• Aug 30, 2019LIVESTOCK-CME Cattle Futures Decline as USDA Launches Probe into Beef Market | Advanced Economic Solutions-4.4%

After 11 past bearish logistics events, Lean Hogs moved a median +1.6% over 5 sessions (55% higher; middle half -2.7% to +2.5%), and -6.1% over 20.

• Aug 22, 2024Grain farmers and pork producers bearing the brunt of rail stoppage - The Globe and Mail+2.9%
• May 13, 2020How to adjust hog rations for today's needs-9.1%
• Sep 30, 2021China's farmers face more pain as power crunch drives up feed costs | Financial Post-0.5%
• Jun 1, 2021U.S. says ransomware attack on meatpacker JBS likely from Russia+2.1%
• Feb 17, 2021South Cotabato firm ships 2,000 hogs to ease tight pork supply, prices in MM | Official Portal of the Department of Agriculture+1.8%