
Coronavirus (COVID-19) fears drove equities and futures sharply lower in the week ending Feb. 28, 2020, with the Dow down 3,513 points and WTI crude down about $8.27 on average.
Cash calf and feeder prices fell $4-10 in North and South Central regions and $2-4 in the Southeast, and some producers pulled consignments from auctions.
Fear of weaker beef demand and a broad risk-off selloff pushed feeder and live cattle futures lower, and the cash-futures discount widened. Feeder buyers face lower feeder cattle costs near term, but demand uncertainty keeps volatility high.
在过去 46 次看跌的疫病事件之后,架子牛 在 5 个交易日内中位数变动 +0.3%(54% 上涨;中间一半区间为 -2.3% 至 +1.6%),20 个交易日内为 +1.8%。
在过去 70 次看跌的疫病事件之后,活牛 在 5 个交易日内中位数变动 +0.0%(51% 上涨;中间一半区间为 -1.7% 至 +1.0%),20 个交易日内为 +0.4%。
在过去 32 次看跌的疫病事件之后,原油(WTI) 在 5 个交易日内中位数变动 -5.2%(13% 上涨;中间一半区间为 -15.0% 至 -2.4%),20 个交易日内为 -5.7%。
在过去 145 次中性的疫病事件之后,玉米 在 5 个交易日内中位数变动 +0.4%(58% 上涨;中间一半区间为 -1.2% 至 +1.7%),20 个交易日内为 +0.0%。
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。
Equity and futures plunge on COVID fears pushed cash calf and feeder prices lower, signaling weaker cattle complex sentiment.