Winter storms and mud stalled fed cattle trade this week, with no cash trade reported as February live cattle traded near $127.10 after a correction. Packer margins fell to about $28 per head, the lowest in a long time, and packers were expected to cut slaughter.
Feeders in Kansas were eager to move cattle before they lost more weight.
Packers reducing slaughter to protect margins can tighten fed cattle supply and support prices, though weather-related delays add uncertainty. Feed demand may also soften if feeders hold cattle on feed longer than planned.
Setelah 80 peristiwa cuaca bullish sebelumnya, Sapi Hidup bergerak median +0,1% selama 5 sesi (54% lebih tinggi; separuh tengah -0,8% sampai +1,3%), 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.