Oklahoma State's Cow-Calf Corner reports US beef exports were down 19.9% year over year in May and down 11.4% year to date. Exports to Japan and South Korea have fallen sharply.
Tighter cattle numbers and higher prices are expected to lower exports and raise imports.
Lower exports and higher imports reflect a tighter US cattle supply, which supports domestic cattle prices. Fewer exports also means more beef stays in the US market.
Setelah 78 peristiwa perdagangan bullish sebelumnya, Sapi Hidup bergerak median +0,1% selama 5 sesi (51% lebih tinggi; separuh tengah -1,1% sampai +1,2%), dan +0,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.