CME live cattle futures declined as large domestic supplies weighed on prices after a fire at a Tyson Foods slaughterhouse in Kansas temporarily removed a major buyer of livestock. The USDA opened an investigation into whether unfair practices explain the wide gap between cattle and beef prices.
Reduced packer capacity has shifted cattle to other plants and pressured cash cattle, which weighs on feeder cattle demand and futures values while the USDA probe adds uncertainty to packer pricing.
Setelah 29 peristiwa logistik bearish sebelumnya, Sapi Hidup bergerak median -0,3% selama 5 sesi (38% lebih tinggi; separuh tengah -2,0% sampai +0,5%), dan -3,7% selama 20 sesi.
Setelah 20 peristiwa logistik bearish sebelumnya, Sapi Bakalan bergerak median +1,3% selama 5 sesi (60% lebih tinggi; separuh tengah -0,7% sampai +2,0%), dan +2,1% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
CME live cattle futures fell as ample cattle supplies met reduced packer demand after the Tyson fire, and the USDA probe added uncertainty, which is the mechanism for the late-August weakness.
CME cattle futures declined on large supplies, the lost Tyson buyer and the USDA probe, which is directly in the move window and pressured feeder cattle.
Futures declined on large supplies and a removed buyer after the fire, plus the USDA probe, a negative sentiment backdrop heading into the Sept 3 drop.