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Beef and mutton prices in Shijiazhuang have risen in three waves since mid-October, with beef up 6-7 yuan/kg to 44-46 yuan/kg. Vendors report sales down by about half, and restaurants are raising dish prices.
Tight red-meat supply and rising cattle costs point to firm cattle values, though the report is retail-focused and regional.
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.