
US feedlot placements in July were 101.8% of the prior year despite falling feeder supplies outside feedlots. Drought is forcing cattle to market sooner than planned, and Oklahoma auction volumes rose 10.9% over six weeks.
Lightweight placements rose while heavier placements fell.
Early marketing of lighter cattle adds near-term supply to the market, which pressures feeder prices. Tighter total feeder supplies later in the year could offset this over time.
Setelah 126 peristiwa laporan bearish sebelumnya, Sapi Bakalan bergerak median +0,1% selama 5 sesi (52% lebih tinggi; separuh tengah -1,3% sampai +2,0%), dan +0,6% 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.