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Live cattle and feeder cattle futures rallied sharply on oversold technicals, commercial buying and a discount to cash trade. China announced new tariff targets that include U.S. beef, but no start date was set.
Cash fed cattle traded mostly at $117-118 live.
Trade-war headlines added uncertainty, but the futures rebound was driven mainly by technical and positioning factors. Lower feeder prices relative to corn support feeding margins only if the tariff remains unimplemented.
brownfieldagnews.com2018年4月4日在过去 78 次看涨的贸易事件之后，活牛 在 5 个交易日内中位数变动 +0.1%（51% 上涨；中间一半区间为 -1.1% 至 +1.2%），20 个交易日内为 +0.5%。
在过去 47 次看涨的贸易事件之后，架子牛 在 5 个交易日内中位数变动 +0.2%（53% 上涨；中间一半区间为 -1.0% 至 +1.0%），20 个交易日内为 +1.5%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
