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Minister of Agriculture and Rural Affairs Han Jun hosted a meeting with executives from Muyuan Foods Co., CP Investment Co. and Wens Foodstuff Group on pork capacity controls, according to a ministry statement. Han requires improvement in policies, preventing hog production fluctuations and sharp price declines, as well as boosting competitiveness of the industry, reported ADM Investor Services.
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Austin Schroeder at Barchart.com said, “Live cattle futures posted gains of $1.85 to $3.62 on Friday, with December up $5.57 on the week. Open…
“Cattle closed with moderate losses yesterday after hitting a new high for the week early in the session,” the Hightower Report said. “Despite…
Boxed beef cutout values this afternoon were up on Choice and up on Select, USDA said.
“Cash trade ideas have improved after yesterday’s rally, but we have not seen any bids yet,” the Hightower Report said. “Fundamental underlyin…
“The hog market was under sharp pressure today and finished at a new low after opening at Tuesday’s low and quickly selling off as the U.S. do…
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