Laden…
The USDA Cattle on Feed report showed 11.6 million head on feed on May 1, 2018, up 5% from a year earlier. April placements were 1.70 million head, 8% below 2017, and marketings were 1.80 million head, 6% above 2017.
All numbers came in line with analyst expectations.
Feed supplies remain large, which weighs on fed cattle prices, while lower placements point to a tightening feeder supply. Because results matched expectations, the report is unlikely to move prices on its own.
feedstuffs.comKrissa Welshans 125 mei 2018Na 78 eerdere neutraal rapport-gebeurtenissen bewoog Slachtvee (levend) zich mediaan +0,2% over 5 sessies (54% hoger; middelste helft -1,0% tot +1,0%), en +0,7% over 20.
Na 44 eerdere neutraal rapport-gebeurtenissen bewoog Mestvee (feeder) zich mediaan +0,3% over 5 sessies (59% hoger; middelste helft -0,9% tot +1,0%), en +0,5% 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.
The Cattle on Feed details (placements 8% below last year) were in line with expectations, but they confirmed lower placements and supported the short-covering rally.
