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Vietnam has asked Laotian authorities to supply up to 400 cattle per day, but Vientiane has requested more time. The two countries had signed a cattle export contract that has not yet been fulfilled.
A Vientiane association plans to import 2,000 Australian cows and is seeking funding for the project.
Regional live cattle trade in Southeast Asia is growing, but these volumes are small and unlikely to move global cattle or feed prices.
nationthailand.comMay 23, 2017After 288 past trade events, Live Cattle moved a median -0.1% over 5 sessions (48% higher; middle half -1.3% to +1.1%), and +1.0% over 20.
After 171 past trade events, Feeder Cattle moved a median +0.3% over 5 sessions (55% higher; middle half -1.3% to +1.8%), and +1.2% 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.
