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Winter storms and mud stalled fed cattle trade this week, with no cash trade reported as February live cattle traded near $127.10 after a correction. Packer margins fell to about $28 per head, the lowest in a long time, and packers were expected to cut slaughter.
Feeders in Kansas were eager to move cattle before they lost more weight.
Packers reducing slaughter to protect margins can tighten fed cattle supply and support prices, though weather-related delays add uncertainty. Feed demand may also soften if feeders hold cattle on feed longer than planned.
wlj.netPete Crow, WLJ publisher emeritus2019/01/18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。
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。
