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ANALYSIS: Imported Lean Beef at a Discount: AU/NZ and Brazil 90% CL vs US Domestic—A 26-Year Spread
This analysis benchmarks the landed cost of imported 90% lean boneless beef — AU/NZ Cow EC (Expana series 3555) and Brazil EC (19388) — against US domestic 90% fresh trim (1067) across 26 years of monthly Expana EBP price data, from January 2000 through June 2026. The spread between imported and domestic 90% is one of the most closely watched metrics in the US grinding complex, directly influencing blending decisions, forward contract strategy, and import demand...
ANALYSIS: UK Cattle Supply Expected to Tighten by 2026
UK cattle supplies are expected to decline further in 2026, influenced by the reduced calf registrations observed in 2024 and 2025. Producer confidence remains mixed due to uncertainties about the industry’s future, impacted by policy changes such as farm payment reforms and potential inheritance tax adjustments. These factors might accelerate culling activities if producers decide to downsize or exit production, potentially affecting prime cattle availability at the beginning of 2026.
Expanding the beef herd requires time to cycle through production, suggesting that supply recovery in 2026 may be limited. Market analysts caution...
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