Prices for protein under pressure

After 144 past bearish report events, Live Cattle moved a median -0.1% over 5 sessions (49% higher; middle half -1.1% to +0.9%), and +0.5% over 20.

• Sep 3, 2018US beef prices under pressure+0.6%
• Jul 13, 2020CoBank: Recovery continues for meat, poultry segments | 2020-07-13 | MEAT+POULTRY+2.2%
• Mar 5, 2018Higher protein production forecast pressures prices for livestock producers | Western Livestock Journal-0.1%
• Dec 23, 2016Cattle prices declined in October - Progressive Cattle | Ag Proud+3.7%
• Sep 19, 2017FEEDSTUFFS MEAT PRICE OUTLOOK: September 19, 2017+2.0%

After 159 past bearish report events, Lean Hogs moved a median -0.2% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +1.0% over 20.

• Jul 23, 2020Rabobank: Global pork production under pandemic pressure | 2020-07-23 | MEAT+POULTRY+2.2%
• Jul 13, 2020CoBank: Recovery continues for meat, poultry segments | 2020-07-13 | MEAT+POULTRY+9.6%
• Mar 5, 2018Higher protein production forecast pressures prices for livestock producers | Western Livestock Journal-0.2%
• Jul 27, 2026Chicken Surplus Pressures Broiler Prices as Pork Output Beats Forecasts-1.9%
• Sep 19, 2017FEEDSTUFFS MEAT PRICE OUTLOOK: September 19, 2017-6.1%

Not enough comparable past events yet for a historical read.