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Feeder cattle prices moved sharply through early January, falling about $6 per cwt in the second week before rebounding. Cattle are moving early and at lighter weights because of dry conditions, with pastures lacking moisture.
The writer said some markets seem driven by funds rather than fundamentals.
Dry pasture conditions push cattle to market early at lighter weights, adding supply and volatility to feeder prices.
hpj.comHPJ Staff29 ene 2018Tras 21 eventos neutral de clima pasados, Ganado de engorde (feeder) se movió una mediana de +1,7 % en 5 sesiones (67% al alza; mitad central entre -0,1 % y +2,3 %), y -0,2 % 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.
