ANALYSIS: Choice 0x1 Strip Loins – How Seasonal Highs and Lows Have Shifted Over the Past Five Years
Choice 0x1 strip loins are trading near their 12-month low, just as the market heads into the part of the year when prices have historically bottomed out and begun to recover. That makes this a good time to look back at when seasonal highs and lows have developed over recent years and how the pattern has evolved. The backdrop is the cattle cycle. Signs suggest the industry is moving into the retention phase, with tighter cattle supplies providing...
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