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Southeast Asian beef demand has fallen despite lower Australian cattle prices, according to the April 2023 SE Asia Report. Ramadan began in late March and runs to April 20, and the report covers steer prices in Indonesia and Thailand.
Weaker SE Asian demand limits export pull for Australian beef and cattle, which could keep regional cattle prices soft despite tight supply elsewhere.
beefcentral.comGuest AuthorApr 6, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
