
CME live cattle futures set a contract high as cash trades in Nebraska and Iowa reached $170 to $172 per cwt, up about $5 on the week and new 2023 highs. Analysts attributed the tight fed cattle supply to herd reductions from drought and high feed costs.
USDA estimated 126,000 cattle slaughtered and feeder cattle also rose.
Drought-driven herd liquidation is shrinking the supply of market-ready cattle, which supports higher fed and feeder cattle prices and raises beef processor costs.
過去の強気な天候イベント80件の後、生牛 は5営業日で中央値 +0.1% 動き(54% が上昇。中央50%は -0.8% から +1.3%)、20営業日では +0.7% 動きました。
過去の強気な天候イベント79件の後、フィーダー牛 は5営業日で中央値 +0.1% 動き(53% が上昇。中央50%は -1.4% から +1.7%)、20営業日では +1.4% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
On the move date, CME live cattle hit a contract high as cash trade jumped $5 on tight fed cattle supply, and feeder cattle rose in sympathy, which directly supports the sharp one-day feeder rally.
Live cattle hit a contract high on jumping cash trade and tight fed supplies, which pulled feeder futures higher through derived demand.