
U.S. live and feeder cattle futures rallied to their highest levels in nearly a month on Sept. 27.
Traders grew more bullish on export demand after the U.S. and Japan signed a limited trade deal that would cut Japanese tariffs on American beef, pork, wheat and cheese. Feeder cattle were trading above their levels before the Tyson Holcomb fire.
Lower Japanese tariffs on U.S. beef raise expected export demand for beef, which supports cattle prices. Feeder cattle are also recovering from the loss of a major packing buyer.
Setelah 78 peristiwa perdagangan bullish sebelumnya, Sapi Hidup bergerak median +0,1% selama 5 sesi (51% lebih tinggi; separuh tengah -1,1% sampai +1,2%), dan +0,5% selama 20 sesi.
Setelah 47 peristiwa perdagangan bullish sebelumnya, Sapi Bakalan bergerak median +0,2% selama 5 sesi (53% lebih tinggi; separuh tengah -1,0% sampai +1,0%), dan +1,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.