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Live cattle futures fell from about $112/cwt in February to $86/cwt in March as the Dow dropped below 19,000 amid COVID-19 economic concerns. Cash fed cattle declined from nearly $120 to about $106/cwt over the same period.
Labor disruptions at packing plants are also a risk.
Expectations of weaker demand and possible packing disruptions are driving cattle prices lower, which affects feed demand from feedlots.
在过去 37 次看跌的宏观事件之后,活牛 在 5 个交易日内中位数变动 -1.1%(30% 上涨;中间一半区间为 -4.3% 至 +0.4%),20 个交易日内为 -0.4%。
在过去 27 次看跌的宏观事件之后,架子牛 在 5 个交易日内中位数变动 -0.9%(37% 上涨;中间一半区间为 -3.7% 至 +0.4%),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。