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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 12018年5月25日在过去 78 次中性的报告事件之后，活牛 在 5 个交易日内中位数变动 +0.2%（54% 上涨；中间一半区间为 -1.0% 至 +1.0%），20 个交易日内为 +0.7%。
在过去 44 次中性的报告事件之后，架子牛 在 5 个交易日内中位数变动 +0.3%（59% 上涨；中间一半区间为 -0.9% 至 +1.0%），20 个交易日内为 +0.5%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
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.
