Oklahoma State extension economist Derrell Peel reports that rapid winter wheat pasture development from rainfall is supporting stocker cattle demand. Auction prices for preferred stocker weights jumped sharply in late September, and feeder prices were 4 to 10 percent above year-earlier levels.
Seasonal October lows may be muted as a result.
Strong grazing demand for stockers supports feeder cattle values heading into the fall calf run, which keeps cattle-feeding margins and feed demand from weakening as seasonally expected.
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 20 次中性的天气事件之后,活牛 在 5 个交易日内中位数变动 +0.4%(60% 上涨;中间一半区间为 -0.3% 至 +1.2%),20 个交易日内为 +3.0%。
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。