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Thursday, June 22, 2006

Is Japan Becoming Bullish to U.S. Beef?

Is Japan becoming bullish to U.S. beef? Live Cattle futures have had a nice run up the last few sessions, as rumors that Japan would ease restrictions on beef imports from the U.S. circulated through the Cattle pits. Yesterday, the rumors were confirmed, with Japan and U.S. officials announcing an agreement for Japan to begin the process to resume imports of U.S. beef. Read More....