Cattle futures and cash markets fell sharply last week on coronavirus fears affecting global trade. The February live cattle contract lost $6 and feeder futures fell below $130, while cash cattle sold $5-6 lower.
Managed money rushed to build short positions.
Fear-driven selling and fund shorting pressure cattle and feeder prices, and fears about trade disruption weigh on the feed chain.
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 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%。
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。
Week-ending coverage of live cattle falling sharply on coronavirus trade fears with cash $5-6 lower and managed money building shorts directly explains the 5-day drop.