Laden…
CME live cattle futures declined as large domestic supplies weighed on prices after a fire at a Tyson Foods slaughterhouse in Kansas temporarily removed a major buyer of livestock. The USDA opened an investigation into whether unfair practices explain the wide gap between cattle and beef prices.
Reduced packer capacity has shifted cattle to other plants and pressured cash cattle, which weighs on feeder cattle demand and futures values while the USDA probe adds uncertainty to packer pricing.
advancedeconomicsolutions.com30 aug 2019Na 29 eerdere neerwaarts logistiek-gebeurtenissen bewoog Slachtvee (levend) zich mediaan -0,3% over 5 sessies (38% hoger; middelste helft -2,0% tot +0,5%), en -3,7% over 20.
Na 20 eerdere neerwaarts logistiek-gebeurtenissen bewoog Mestvee (feeder) zich mediaan +1,3% over 5 sessies (60% hoger; middelste helft -0,7% tot +2,0%), en +2,1% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
CME live cattle futures fell as ample cattle supplies met reduced packer demand after the Tyson fire, and the USDA probe added uncertainty, which is the mechanism for the late-August weakness.
CME cattle futures declined on large supplies, the lost Tyson buyer and the USDA probe, which is directly in the move window and pressured feeder cattle.
Futures declined on large supplies and a removed buyer after the fire, plus the USDA probe, a negative sentiment backdrop heading into the Sept 3 drop.
