
U.S. livestock futures on CME plunged by daily limits on April 1, 2020 as stricter coronavirus emergency measures hit stock markets and raised recession worries. Lean hogs fell to their lowest since August 2018 after the White House extended emergency measures through April.
Traders weighed burdensome meat supplies against weaker demand and supply chain disruptions.
Pandemic-driven recession fears and extended lockdowns cut expected meat demand, pushing livestock futures lower and reducing near-term feed demand from feedlots and hog operations.
Na 37 eerdere neerwaarts macro-gebeurtenissen bewoog Slachtvee (levend) zich mediaan -1,1% over 5 sessies (30% hoger; middelste helft -4,3% tot +0,4%), en -0,4% over 20.
Na 123 eerdere opwaarts macro-gebeurtenissen bewoog Sojabonen zich mediaan +0,3% over 5 sessies (60% hoger; middelste helft -1,0% tot +1,8%), en -0,4% over 20.
Na 73 eerdere neutraal macro-gebeurtenissen bewoog Sojaschroot zich mediaan -0,3% over 5 sessies (44% hoger; middelste helft -1,9% tot +2,1%), en -1,6% over 20.
Na 17 eerdere neerwaarts macro-gebeurtenissen bewoog Magere varkens zich mediaan -1,0% over 5 sessies (35% hoger; middelste helft -2,5% tot +0,8%), en -1,6% 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.
Lean hogs went limit down on April 1 as stricter coronavirus measures raised recession worries, hitting stock and livestock markets and depressing demand expectations.
Cattle futures plunged by daily limits on April 1 as stricter coronavirus measures raised recession worries and hit sentiment.
Limit-down moves on April 1 after extended COVID emergency measures raised recession fears and hit demand sentiment, driving lean hogs to multi-year lows within the window.
Limit-down plunge in cattle on April 1 as stricter COVID emergency measures raised recession fears fell within the 5-day window and directly drove the decline.
Limit-down moves on April 1 from stricter COVID emergency measures and recession worries began the multi-day liquidation.
Limit-down livestock futures and recession fears on April 1 weakened expected feed demand and risk sentiment, pressuring meal.