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USDA Economic Research Service economists report that feedlots have kept large numbers of cattle on feed as drought-reduced forage pushes calves into lots faster than normal. Packers have processed cattle at a pace above the past two years, with the largest fed slaughter of the year in the week ending August 27.
Beef production for fourth-quarter 2022 was raised by 40 million pounds.
Faster marketings and higher slaughter pull supply forward, and the outlook for larger 2023 beef output points to softer cattle prices ahead. Feeder demand may tighten as drought drives early placements.
agproud.comHannah Brooks, Russell Knight23 sept 2022Tras 144 eventos bajista de informe pasados, Ganado en pie se movió una mediana de -0,1 % en 5 sesiones (49% al alza; mitad central entre -1,1 % y +0,9 %), y +0,5 % 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.
