
Wisconsin livestock specialist Jeff Swenson summarizes USDA reports showing cattle on feed less than half a percent above a year ago, and August cattle placements up 100.4%, with a larger-than-expected share of light feeders. Beef cow harvest is up 13.1% year to date, and the Choice cutout fell $4.80 to $248.63.
Frozen beef supplies rose 24.3%, though they remain below 2019 levels.
Heavier placements and higher cow slaughter add to beef supply, which pressures the cutout and future cattle values. Frozen stocks still sit below normal, which limits the downside.
Setelah 78 peristiwa laporan netral sebelumnya, Sapi Hidup bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,0% sampai +1,0%), dan +0,7% 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.