Memuat…
Capital Press reports cattle producers and lawmakers are pressing the administration to expand its investigation into the gap between rising retail beef prices and falling cattle prices during the coronavirus outbreak. Oklahoma State economist Derrell Peel says the spread reflects extra processing and shipping costs and that the four largest packers, which control over 80% of slaughter, have historically been found not to unduly influence cattle prices.
Calls for packer restructuring and investigation add uncertainty to fed cattle bids, while the wide cattle-to-beef spread signals continued pressure on cattle prices.
capitalpress.comCAROL RYAN DUMASCapital Press4 Mei 2020Setelah 30 peristiwa kebijakan bearish sebelumnya, Sapi Hidup bergerak median -0,8% selama 5 sesi (43% lebih tinggi; separuh tengah -2,0% sampai +1,1%), dan +0,9% selama 20 sesi.
Setelah 24 peristiwa kebijakan bearish sebelumnya, Sapi Bakalan bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -3,3% sampai +1,2%), 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.
