Loading…

A large supply of slaughter cattle, driven by dairy farmers culling cows to adjust phosphate production, is pushing Dutch slaughterhouses to cut purchase prices by about €0.10 per kilo. Weekly slaughter has been around 12,000 head, and traders expect supply could dry up in coming weeks.
Heavy cow culling is depressing European slaughter cattle prices, but a sudden drop in supply could reverse the trend. The effect on feed-grade commodities is limited.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.