Wyoming Livestock Roundup reports on a May 23 webinar in which Lance Zimmerman of CattleFax said higher feedstuff prices from U.S. drought are expected to depress feeder cattle futures. He noted feeder cattle were at their highest levels relative to deferred live cattle since 2015 and that cattle feeders were facing projected losses.
Expected higher hay and corn prices from drought raise feeding costs, pressuring feeder cattle values and limiting demand for feed inputs as feeders cut placements. The commentary is a forecast from a May webinar rather than a new market event.
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.
Setelah 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.
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.