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Cattle markets had a volatile week after dairy cattle tested positive for H5N1, and live cattle futures lost several dollars. A positive turn came when USDA reported no H5N1 traces in ground beef samples, but the market could not regain momentum.
Cash cattle traded in the mid-$180s live, with slaughter running below the prior week.
Bird flu concerns and tight fed cattle supplies are pressuring cattle futures and limiting upside. Lower live cattle prices affect feeder cattle values and the feed demand that follows from cattle placements.
wlj.netAnna Miller Fortozo3 may 2024Tras 70 eventos bajista de enfermedad pasados, Ganado en pie se movió una mediana de +0,0 % en 5 sesiones (51% al alza; mitad central entre -1,7 % y +1,0 %), y +0,4 % 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.
