ANALYSIS: Fresh 90s Ranges Drop Into Competition With Imported 90% Items
Friday’s closing report for domestic boneless beef encountered a range of $386-428/cwt, while imported blend cow 90% from Australia and New Zealand ticked upward to $386-390/cwt bringing the two within similar ranges. While the range remained wide for fresh product, the low side signaled a drop that could cause some slight demand shift toward domestic material while both remain in similar ranges.
In the US, the fall cow run has ramped up as some participants have begun to send more cows...
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