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Beef Central's SE Asia report says Chinese domestic slaughter cattle prices are rising sharply, while Indonesian prices are weak with feedlots holding long-fed cattle. Vietnam's import case looks stronger and the Philippines prices are catching up.
Strong Chinese cattle prices support Australian live export demand, but weak Indonesian demand and feedlot backlogs cap regional import values.
beefcentral.comGuest AuthorMay 9, 2018Not 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.
