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Record snow in parts of Montana and Wyoming over the weekend led cow-calf producers to struggle to keep calves alive. Feeder cattle contracts rallied $1 to $3 from March 27, with deferred contracts seeing the most support.
Thin feeder supplies and expected tighter second-half supply support higher feeder prices, and the widening May-August spread signals tightening deferred supply. Corn price moves also affect feeder economics.
dtnpf.comShayLe Stewart2023年3月27日在过去 79 次看涨的天气事件之后，架子牛 在 5 个交易日内中位数变动 +0.1%（53% 上涨；中间一半区间为 -1.4% 至 +1.7%），20 个交易日内为 +1.4%。
在过去 445 次中性的天气事件之后，玉米 在 5 个交易日内中位数变动 +0.1%（52% 上涨；中间一半区间为 -1.4% 至 +1.6%），20 个交易日内为 +0.7%。
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。
Record snow in Montana and Wyoming threatened calf survival and tightened expected supply, lifting feeder contracts $1-3, especially deferred months.
