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Oklahoma State economist Derrell Peel reviews the June 1 Cattle on Feed report, which showed 11.553 million head in feedlots, the largest June 1 inventory since the series began in 1996. Feedlot inventories have risen year-over-year for 18 straight months, and placements were slightly higher than last year.
Record feedlot inventories signal ample beef supply and pressure on cattle prices. Feed buyers should expect continued weakness in fed cattle values as larger inventories move to market.
iowaagribusinessradionetwork.comStaff Editor26 Jun 2018Setelah 144 peristiwa laporan bearish sebelumnya, Sapi Hidup bergerak median -0,1% selama 5 sesi (49% lebih tinggi; separuh tengah -1,1% sampai +0,9%), dan +0,5% selama 20 sesi.
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.
