PERSPECTIVES: Beef Injects Volatility, Stable Gives Predictability
Red meat markets have once again confounded expectations this past summer, with the twists and turns of the market catching market participants off guard at many instances. However, with much of the underlying factors being outside of the easily foreseen (say a quicker than expected rollout of vaccines, reopening of many parts of the economy, then an unexpected slowdown in public interactions due to a resurgence of the virus), it certainly has made for an interesting ride. This volatility in these markets further highlights the need in the...
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