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Slow US corn planting and wet weather in the US and Ontario raised feed cost concerns for feedyards, with some analysts suggesting unplanted US acres could exceed 30 million. Lethbridge feed barley was about $5.35 per bushel for spot delivery, and Prairie drought raised the prospect of a Canadian barley shortfall.
Feedyards were advised to watch the market closely.
Prevent-plant risk could cut US corn supply and lift feed grain prices, while Prairie drought adds upside for Canadian barley and raises feedlot costs.
realagriculture.comShaun Haney2 Jun 2019Setelah 1.465 peristiwa cuaca bullish sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +1,9%), dan +0,9% selama 20 sesi.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Setelah 29 peristiwa cuaca bearish sebelumnya, Sapi Bakalan bergerak median +0,5% selama 5 sesi (62% lebih tinggi; separuh tengah -0,5% sampai +2,6%), dan +2,4% 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.
Slow US corn planting and weather concerns raised feed costs for feedyards, a bearish input-cost factor for feeders.
Slow corn planting and wet weather raised feed cost fears, supporting the input-cost mechanism behind feeder selling.
