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Commodities  |  August 20, 2012 13:48:00

The July statistics on cattle feed sounded neutral


The number of cattle in the U.S. velkovýkrmnách in July rose by 77,000, or 0.7% to 10.65 million after a step increase of 277,000, or 2.6% to 10.71 million in June, announced the U.S. Department of Agriculture. This figure was in line with analysts' expectations, the majority of respondents Dow Jones Newswires.

Number of pieces placed in velkovýkrmen was significantly lower than a year ago. At extreme drought has forced farmers to reduce herd aggressively. Number on location in July fell by 213,000, or 10.0% to 1.92 million.Despite the reduction in the number exceeded the five-year average of 8.5%. Majority consensus expected a decrease of 8.6%.

The latest government data confirm that the drought in 2011 and 2012 will have a negative impact on the supply of beef in the U.S.. Number of fed for slaughter pieces weighing over 1200 pounds stagnated at 1.91 million, compared to expectations of 1.6%. Losses decreased by 11% to 63,000 units.

Most Active August live cattle contract on Friday CME stock gained 0.22 cents to 121.07 cents per pound.In August, prices increased by 1.8%, but since the beginning of the year decreased by 0.3%. Record high 131.25 cents per pound was achieved 27th February. USDA statistics published on Wednesday, inventory and production data on Friday.

Commodities: The July statistics on cattle feed sounded neutral

The number of cattle in the U.S. velkovýkrmnách in July rose by 77,000, or 0.7% to 10.65 million after a step increase of 277,000, or 2.6% to 10.71 million in June, announced the U.S. Department of Agriculture. This figure was in line with analysts' expectations, the majority of respondents Dow Jones Newswires.

Number of pieces placed in velkovýkrmen was significantly lower than a year ago. At extreme drought has forced farmers to reduce herd aggressively. Number on location in July fell by 213,000, or 10.0% to 1.92 million. Despite the reduction in the number exceeded the five-year average of 8.5%. Majority consensus expected a decrease of 8.6%.

The latest government data confirm that the drought in 2011 and 2012 will have a negative impact on the supply of beef in the U.S..Number of fed for slaughter pieces weighing over 1200 pounds stagnated at 1.91 million, compared to expectations of 1.6%. Losses decreased by 11% to 63,000 units.

Most Active August live cattle contract on Friday CME stock gained 0.22 cents to 121.07 cents per pound. In August, prices increased by 1.8%, but since the beginning of the year decreased by 0.3%. Record high 131.25 cents per pound was achieved 27th February. USDA statistics published on Wednesday, inventory and production data on Friday.

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Červencová statistika cattle on feed vyzněla neutrálně

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