
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.
과거 상승 날씨 이벤트 80건 이후, 생우은 5거래일 동안 중앙값 +0.1% 변동(상승 54%; 중간 50% 범위 -0.8%~+1.3%), 20거래일 동안 +0.7%.
과거 상승 날씨 이벤트 79건 이후, 비육용 소은 5거래일 동안 중앙값 +0.1% 변동(상승 53%; 중간 50% 범위 -1.4%~+1.7%), 20거래일 동안 +1.4%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.
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.