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Dry conditions since last fall left much less wheat pasture than normal in Oklahoma. Fewer stockers were placed on wheat, and many that grazed moved off early due to lack of forage.
Large stocker placements into feedlots over recent months have kept feeder cattle prices firm.
Drought-limited wheat pasture has pushed stocker cattle into feedlots early, supporting feeder cattle prices and near-term feedlot feed demand. Pasture shortfalls could tighten summer feeder supplies.
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 29 次中性的天气事件之后,小麦(HRW) 在 5 个交易日内中位数变动 +0.6%(52% 上涨;中间一半区间为 -1.9% 至 +2.3%),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。