
Live and feeder cattle futures closed lower for the week after the administration proposed expanding Argentine beef imports. USDA also released a 13-page plan on October 22 to strengthen the beef industry.
Import uncertainty and the USDA plan shape near-term cattle price expectations, with the market recovering as traders judged the proposal less threatening.
Setelah 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.
Live and feeder cattle closed lower for the week on the proposal to expand Argentine beef imports, which adds potential supply and hurts demand for domestic cattle.
Weekly summary shows live and feeder futures closed lower on Argentine import expansion talk, which raised expectations of more beef supply.
Live and feeder cattle closed lower for the week on Argentine import proposals, confirming the policy-driven decline.