USDA's October Cattle on Feed report came in close to trade expectations, with 11.3 million head on feed, 99 percent of a year earlier. September placements were 2.1 million head and marketings 1.7 million, even with expectations.
The heifer share rose to 39.1 percent, which signals fewer replacements being held.
Heifer-heavy marketings signal lower future beef output, supportive for live cattle, while placements near expectations keep feedlot demand for feed steady.
在过去 268 次看涨的报告事件之后,活牛 在 5 个交易日内中位数变动 +0.3%(58% 上涨;中间一半区间为 -0.7% 至 +1.4%),20 个交易日内为 +1.7%。
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%。
在过去 770 次中性的报告事件之后,玉米 在 5 个交易日内中位数变动 +0.2%(54% 上涨;中间一半区间为 -1.1% 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。