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USDA's September Cattle on Feed report showed cattle on feed 0.6% above a year earlier as of September 1, with August placements 1.4% below last year. Fed cattle marketings for August were about 3.6% below year-ago levels, and figures came in close to pre-report estimates.
Lower marketings and placements near expectations suggest feedlot supplies are not expanding enough to pressure fed cattle prices.
feedlotmagazine.comSource Will Secor, Ph.D., Assistant Professor, Extension Livestock Economist, Masters of Agribusiness (MAB) Coordinator, Department of Agricultural, Applied Economics25 Sep 2024Setelah 268 peristiwa laporan bullish sebelumnya, Sapi Hidup bergerak median +0,3% selama 5 sesi (58% lebih tinggi; separuh tengah -0,7% sampai +1,4%), dan +1,7% selama 20 sesi.
Setelah 44 peristiwa laporan netral sebelumnya, Sapi Bakalan bergerak median +0,3% selama 5 sesi (59% lebih tinggi; separuh tengah -0,9% sampai +1,0%), dan +0,5% 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.
