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Meghalaya's minister said rising beef prices in the state stem from cattle smuggling into Bangladesh, not from Assam's transport restrictions. The state has issued transit permits to cattle traders.
This is a small regional beef market story with little bearing on global feed demand or commodity prices.
highlandpost.comHP News ServiceMay 9, 2022After 166 past policy events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.9% to +1.2%), and +1.3% over 20.
After 79 past policy events, Feeder Cattle moved a median +0.3% over 5 sessions (56% higher; middle half -1.0% to +1.2%), and +0.8% 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.
