Derrell Peel of Oklahoma State University reports that heavy feeder cattle have gained value relative to lighter feeders through July and August. The August Cattle on Feed report showed on-feed inventory of 10.165 million head, 101.6 percent of last year, with placements at 101.6 percent.
Feedlots are favoring heavier feeders to turn over pens faster.
Feedlot preference for heavier cattle and discounts on deferred futures shape feeder demand and the price spread between weight classes, which affects cow-calf and stocker returns.
Setelah 44 peristiwa laporan netral sebelumnya, Sapi Bakalan bergerak median +0,3% selama 5 sesi (59% lebih tinggi; separuh tengah -0,9% sampai +1,0%), dan +0,5% 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.