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USDA's Agricultural Marketing Service released a report on the boxed beef and fed cattle price spread, covering the Tyson Holcomb, Kansas plant closure and the COVID-19 pandemic. The report summarizes market conditions and the widened spread between wholesale beef and cattle prices before, during and after these disruptions.
The report documents why packer margins widened while producer cattle prices fell, but it does not change near-term supply, so its direct price effect is limited.
agriculture.comNatalina Sents Bausch22 jul 2020
fb.orgMichael Nepveux23 jul 2020Tras 78 eventos neutral de informe pasados, Ganado en pie se movió una mediana de +0,2 % en 5 sesiones (54% al alza; mitad central entre -1,0 % y +1,0 %), y +0,7 % 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.
