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US beef export sales to China were nearly nil in the week ended March 20, at 54 metric tons, after 192 tons the previous week. Traders cited uncertainty after Beijing let beef export registrations lapse.
Loss of China registrations removes a buyer for US beef, pressuring export demand and shifting more beef to the domestic market, which weighs on cutout values.
farmtario.comGeralyn WichersMar 25, 2025After 243 past trade events, Lean Hogs moved a median -0.1% over 5 sessions (48% higher; middle half -2.5% to +2.2%), and +1.5% over 20.
After 87 past bearish trade events, Feeder Cattle moved a median +0.4% over 5 sessions (54% higher; middle half -3.2% to +1.9%), and +1.1% over 20.
After 121 past bearish trade events, Live Cattle moved a median -0.6% over 5 sessions (40% higher; middle half -1.6% to +0.8%), and -0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
