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Slow US corn planting and wet weather in the US and Ontario raised feed cost concerns for feedyards, with some analysts suggesting unplanted US acres could exceed 30 million. Lethbridge feed barley was about $5.35 per bushel for spot delivery, and Prairie drought raised the prospect of a Canadian barley shortfall.
Feedyards were advised to watch the market closely.
Prevent-plant risk could cut US corn supply and lift feed grain prices, while Prairie drought adds upside for Canadian barley and raises feedlot costs.
realagriculture.comShaun Haney2 jun 2019Tras 1465 eventos alcista de clima pasados, Maíz se movió una mediana de +0,2 % en 5 sesiones (54% al alza; mitad central entre -1,4 % y +1,9 %), y +0,9 % en 20.
Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Tras 29 eventos bajista de clima pasados, Ganado de engorde (feeder) se movió una mediana de +0,5 % en 5 sesiones (62% al alza; mitad central entre -0,5 % y +2,6 %), y +2,4 % 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.
Slow US corn planting and weather concerns raised feed costs for feedyards, a bearish input-cost factor for feeders.
Slow corn planting and wet weather raised feed cost fears, supporting the input-cost mechanism behind feeder selling.
