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Western Canadian yearling markets were mostly unchanged, while calf markets were steady to $5 higher, with some light calves up $10-$20. Feedlots are shopping aggressively for quality calves, and the October-to-August feeder futures spread is $22.50.
Lower beef production forecasts and strong feedlot demand for calves support feeder cattle prices. The carry in the futures curve encourages feedlots to buy ownership earlier.
grainews.caJerry Klassen, GFM Network News27 sept 2023Tras 227 eventos alcista de informe pasados, Ganado de engorde (feeder) se movió una mediana de +0,4 % en 5 sesiones (57% al alza; mitad central entre -1,2 % y +1,5 %), y +1,1 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
