
Western Canadian yearling markets were mostly unchanged, while calf markets were steady to $5 higher, with some light calves up $10-$20. Feedlots are shopping aggressively for quality calves, and the October-to-August feeder futures spread is $22.50.
Lower beef production forecasts and strong feedlot demand for calves support feeder cattle prices. The carry in the futures curve encourages feedlots to buy ownership earlier.
Setelah 227 peristiwa laporan bullish sebelumnya, Sapi Bakalan bergerak median +0,4% selama 5 sesi (57% lebih tinggi; separuh tengah -1,2% sampai +1,5%), dan +1,1% 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.