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Kentucky beef cattle prices dropped about $10 per cwt from the third week of February to the second week of March 2020, after holding firm earlier in the year. Kenny Burdine notes markets are struggling to price the impact of COVID-19, which he says has no clear precedent.
He says the sharp decline is larger than normal seasonal weakness.
Falling feeder cattle prices reduce producer incentive to retain and place cattle, which can weigh on feedlot demand for feed and feed ingredients in the near term.
m.farms.comBase2020年3月25日在过去 46 次看跌的疫病事件之后，架子牛 在 5 个交易日内中位数变动 +0.3%（54% 上涨；中间一半区间为 -2.3% 至 +1.6%），20 个交易日内为 +1.8%。
在过去 70 次看跌的疫病事件之后，活牛 在 5 个交易日内中位数变动 +0.0%（51% 上涨；中间一半区间为 -1.7% 至 +1.0%），20 个交易日内为 +0.4%。
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。
