
Beef Central compared US live cattle and feeder futures with Australian forward cattle prices and found a wide gap heading into late 2017. Australia faces a slaughter cattle shortage after two years of drought, while US prices are pressured by herd rebuilding and cheap grain.
The gap is expected to push the US to seek restored access to the Australian beef market by August or September.
A large US-Australia price gap could lead to renewed trade access talks that affect beef export flows. Cheap US grain supports the US cattle price pressure that feeds into feed demand.
Setelah 65 peristiwa perdagangan netral sebelumnya, Sapi Hidup bergerak median +0,3% selama 5 sesi (57% lebih tinggi; separuh tengah -0,5% sampai +1,4%), dan +2,5% 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.