Bloomberg said, “Australia’s red meat industry expects strong beef demand in the US and Southeast Asia will largely offset the impact of a new 55% tariff by major customer China, which could come into effect as soon as mid-June.
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Bloomberg said, “Australia’s red meat industry expects strong beef demand in the US and Southeast Asia will largely offset the impact of a new 55% tariff by major customer China, which could come into effect as soon as mid-June.
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The Hightower Report said, “A lower finish for live cattle and feeders on Friday. JBS announced the closure of 2 beef plants, one in Pennsylva…
Bloomberg said, “JBS NV is closing a beef plant in Pennsylvania, in the latest sign of pressures meatpackers are facing amid a severe US cattl…
“July tested Monday’s 7-month low on ongoing technical weakness and fund selling,” the Hightower Report said. “The daily chart has yet to show…
On boxed beef cutout values, the USDA said:
“Another sharply higher day across the cattle complex yesterday with prices opening on the low of the day near steady and closing on the highs…
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