Cattle markets expect one more gain for cash this month. February 16, 2023
The weekly export sales report was positive. 28,149 tonnes of beef was sold to all countries last week. This was +22% vs. last year. Year to date sales have slightly improved, now -19% from last year. That is still under USDA’s whole-year goal of -13%. Chinese buyers picked up 6,072 tonnes last week. They have 49,536 booked. That is -3% from last year.
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Allendale Insider
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