Cattle futures weakened over the week after the Cattle on Feed report showed unexpectedly large March feedlot placements. Live cattle futures closed lower on sagging wholesale beef values and concerns that high retail beef prices are weighing on demand.
Negotiated cash fed cattle prices held steady to higher ahead of a summer supply increase.
Larger-than-expected placements add to future fed cattle supply, pressuring futures, while firm cash prices reflect tight near-term supplies. Feed demand from feedlots depends on how placements and cash prices evolve into summer.
144 geçmiş düşüş yanlı rapor olayları olayından sonra, Canlı sığır 5 seansta medyan %-0,1 hareket etti (%49 daha yüksek; orta yarı %-1,1 ile +%0,9 arası) ve 20 seansta +%0,5.
126 geçmiş düşüş yanlı rapor olayları olayından sonra, Besilik sığır 5 seansta medyan +%0,1 hareket etti (%52 daha yüksek; orta yarı %-1,3 ile +%2,0 arası) ve 20 seansta +%0,6.
Her emtianın referansının olaydan önceki son kapanışa göre hareketi. Geçmiş okumalar aynı türdeki geçmiş olayları birleştirir; neyin olduğunu anlatır, neyin olacağını değil. Yatırım tavsiyesi değildir.
Larger-than-expected feedlot placements in Cattle on Feed, weaker wholesale beef values and retail-price demand worries are bearish for futures during the window.
Dated May 2, it reports live cattle futures closing lower on weak wholesale beef values and demand concerns from high retail prices, plus large Cattle on Feed placements, which weigh on sentiment and demand.
Futures weakened on large placements in the On Feed report, sagging wholesale beef values and retail-price demand concerns, which are bearish sentiment drivers.
Futures weakened after unexpectedly large placements, with sagging wholesale beef and retail price demand worries adding bearish sentiment.