China’s falling hog prices bring down imports. November 20, 2023
Concerns over both beef demand and offered fed cattle supplies for the months ahead remain clear issues. Though the trade does not expect a V type bottom for these markets, we are stabilizing.
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SA maps still look solid for rains in the 10 day
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Open interest continues to fall drastically
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Overnight reacting to slow BRA planting pace and may be looking for new China buying
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