Memuat…
Kentucky beef cattle prices dropped about $10 per cwt from the third week of February to the second week of March 2020, after holding firm earlier in the year. Kenny Burdine notes markets are struggling to price the impact of COVID-19, which he says has no clear precedent.
He says the sharp decline is larger than normal seasonal weakness.
Falling feeder cattle prices reduce producer incentive to retain and place cattle, which can weigh on feedlot demand for feed and feed ingredients in the near term.
m.farms.comBase25 Mar 2020Setelah 46 peristiwa penyakit bearish sebelumnya, Sapi Bakalan bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -2,3% sampai +1,6%), dan +1,8% selama 20 sesi.
Setelah 70 peristiwa penyakit bearish sebelumnya, Sapi Hidup bergerak median +0,0% selama 5 sesi (51% lebih tinggi; separuh tengah -1,7% sampai +1,0%), dan +0,4% 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.
