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Rabobank analyst Don Close says drought has been the most disruptive influence on the US beef complex. Early calf placements into feedyards have raised cattle-on-feed numbers and risk bunched fed-cattle marketings this summer.
Drought-driven early placements increase feedlot supplies and could lead to herd liquidation, which would tighten supply later. Near term this points to pressure on cattle prices, with longer-term uncertainty.
brownfieldagnews.com2018年6月7日在过去 18 次看跌的天气事件之后，活牛 在 5 个交易日内中位数变动 +0.1%（56% 上涨；中间一半区间为 -0.7% 至 +0.9%），20 个交易日内为 -0.1%。
在过去 29 次看跌的天气事件之后，架子牛 在 5 个交易日内中位数变动 +0.5%（62% 上涨；中间一半区间为 -0.5% 至 +2.6%），20 个交易日内为 +2.4%。
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。
