Laden…
USDA data show US range and pasture conditions finished the May-October season with 51% rated poor or very poor, the highest of the year and well above last year's 37%. Ratings were worse in the Great Plains and Southern Plains, which pushed cattle off grass and into feedlots earlier than normal.
Feeder steer prices have held steady at roughly $250-280/cwt since the start of the year.
Poor pasture conditions push cattle into feedlots sooner, raising near-term grain demand while shrinking the grazing base. Poor pastures also support feeder cattle prices by limiting supply.
feedlotmagazine.comCourtesy of Livestock Marketing Information Center, Jacqueline Nix11 nov 2024Na 21 eerdere neutraal weer-gebeurtenissen bewoog Mestvee (feeder) zich mediaan +1,7% over 5 sessies (67% hoger; middelste helft -0,1% tot +2,3%), en -0,2% over 20.
Na 1.465 eerdere opwaarts weer-gebeurtenissen bewoog Maïs zich mediaan +0,2% over 5 sessies (54% hoger; middelste helft -1,4% tot +1,9%), 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.
