
CME live and feeder cattle futures fell to life-of-contract lows on March 9, 2020, with feeder cattle limit down, after crude oil's biggest daily rout since 1991 as Saudi Arabia and Russia began a price war. The Dow fell over 2,000 points on recession fears tied to coronavirus.
Oil-driven equity selloff and fears of reduced consumer demand for beef push cattle values lower, weakening feedlot demand for feed.
Na 14 eerdere geopolitiek-gebeurtenissen bewoog Slachtvee (levend) zich mediaan -0,5% over 5 sessies (21% hoger; middelste helft -1,3% tot -0,0%), en +0,2% over 20.
Na 10 eerdere neerwaarts geopolitiek-gebeurtenissen bewoog Mestvee (feeder) zich mediaan +0,1% over 5 sessies (60% hoger; middelste helft -1,9% tot +2,8%), en +0,7% over 20.
Na 255 eerdere neerwaarts geopolitiek-gebeurtenissen bewoog Ruwe olie (WTI) zich mediaan -2,4% over 5 sessies (31% hoger; middelste helft -7,0% tot +1,7%), en -5,0% over 20.
Na 250 eerdere neerwaarts geopolitiek-gebeurtenissen bewoog Ruwe olie (Brent) zich mediaan -3,1% over 5 sessies (36% hoger; middelste helft -7,9% tot +1,6%), en -5,5% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
On March 9, 2020 CME live and feeder cattle fell to life-of-contract lows as the crude oil rout and a 2,000-point Dow drop on coronavirus recession fears drove a risk-off sentiment selloff in cattle futures.
On March 9 feeder futures went limit down as the oil price war and equity rout fueled recession fears, a sentiment shock inside the 5-day window.
March 9 crude oil collapse and equity rout pushed live and feeder cattle to contract lows with limit-down moves, a sentiment-driven selloff within the window.
Earlier March 9 selloff tied to the oil rout and equity crash shows the macro risk-off channel that pressured feeder futures and likely carried into March 12.