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Derrell Peel of Oklahoma State University reports that heavy feeder cattle have gained value relative to lighter feeders through July and August. The August Cattle on Feed report showed on-feed inventory of 10.165 million head, 101.6 percent of last year, with placements at 101.6 percent.
Feedlots are favoring heavier feeders to turn over pens faster.
Feedlot preference for heavier cattle and discounts on deferred futures shape feeder demand and the price spread between weight classes, which affects cow-calf and stocker returns.
u.osu.eduSmith at24 ago 2016Tras 44 eventos neutral de informe pasados, Ganado de engorde (feeder) se movió una mediana de +0,3 % en 5 sesiones (59% al alza; mitad central entre -0,9 % y +1,0 %), 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.
