Australian beef exporters adapt as China caps imports, shifts global trade flows

After 78 past bullish trade events, Live Cattle moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +1.2%), and +0.5% over 20.

• Oct 17, 2024Australia cashes in on beef exports as US cattle herd shrinks | Reuters+0.3%
• Sep 27, 2019Cattle futures surge as trade grows bullish on potential U.S. exports to Japan+3.3%
• Dec 1, 2023Beef Trade Reacts as Expected-3.2%
• Nov 10, 2023US reduces beef exports as cattle herd shrinks, squeezing Tyson Foods | Reuters-1.2%
• Aug 14, 2019SE Asia Report: Strong Indonesian feeder imports continue in July - Beef Central-2.0%

After 47 past bullish trade events, Feeder Cattle moved a median +0.2% over 5 sessions (53% higher; middle half -1.0% to +1.0%), and +1.5% over 20.

• Sep 27, 2019Cattle futures surge as trade grows bullish on potential U.S. exports to Japan+0.6%
• Dec 1, 2023Beef Trade Reacts as Expected-4.4%
• Sep 17, 2019SE Asia Report: Indonesia imports a massive 75,000 feeders in August - Beef Central+3.7%
• Nov 10, 2023US reduces beef exports as cattle herd shrinks, squeezing Tyson Foods | Reuters+0.2%
• Jun 20, 2019China builds a bigger post-ASF food import pipeline – including beef - Beef Central-0.5%