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India's bovine population is 304 million head, and carabeef exports are expected to rise in 2018. India remains affected by foot and mouth disease, which keeps its beef out of high-value markets such as Japan, the US and the EU.
Growing low-cost Indian buffalo meat exports add competition in price-sensitive Asian and Middle Eastern beef markets, which could pressure prices for other exporters.
queenslandcountrylife.com.auApr 11, 2018After 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.
