Memuat…
Oklahoma State extension specialist Derrell Peel said feeder and fed cattle markets were in a summer lull ahead of Labor Day. He expects pronounced initial reactions to the Tyson plant fire in Kansas, which lost about 4-5% of U.S. slaughter capacity.
Steiner Consulting Group noted that less beef will be available in the short term.
Reduced slaughter capacity will tighten boxed beef supply and shift cattle flows to other plants. This points to lower cash and feeder cattle prices until capacity is restored.
feedstuffs.comKrissa Welshans15 Agu 2019Setelah 29 peristiwa logistik bearish sebelumnya, Sapi Hidup bergerak median -0,3% selama 5 sesi (38% lebih tinggi; separuh tengah -2,0% sampai +0,5%), dan -3,7% selama 20 sesi.
Setelah 20 peristiwa logistik bearish sebelumnya, Sapi Bakalan bergerak median +1,3% selama 5 sesi (60% lebih tinggi; separuh tengah -0,7% sampai +2,0%), dan +2,1% 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.
Analysts expected pronounced initial market reactions to the fire, which took out 4-5% of slaughter capacity during a summer lull, reinforcing the sentiment-driven decline.
