A University of Arkansas economist says feeder cattle futures were highly volatile after the screwworm confirmation in Texas, with August contracts trading between $335 and $353. The market initially fell but then closed limit up.
The economist expects little change in retail beef prices, though local Texas and New Mexico cattle markets may be affected.
Nearby cattle markets face the most immediate price effects from movement restrictions and fear of spread. Retail beef prices are less affected, so the impact on feeder cattle futures is mainly a short-term volatility story.
Na 29 eerdere neutraal ziekte-gebeurtenissen bewoog Mestvee (feeder) zich mediaan +0,6% over 5 sessies (62% hoger; middelste helft -1,5% tot +2,2%), en +1,0% over 20.
Na 69 eerdere neutraal ziekte-gebeurtenissen bewoog Slachtvee (levend) zich mediaan -0,1% over 5 sessies (42% hoger; middelste helft -0,8% tot +0,6%), en +0,9% 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.
Economist commentary on the volatile feeder futures and limit-up close after the screwworm confirmation supports the same price action.