ANALYSIS: How Au/NZ Blend Cow 90% to the US Historically Starts May Softer
Over the past five years, Au/NZ Blend Cow 90% has typically experienced a softer market heading into May. The primary exception was 2021, when prices moved sharply higher amid overseas supply shortages that triggered aggressive purchasing ahead of the summer grilling season.This year so far, Au/NZ Blend Cow 90% has fallen just slightly throughout May on limited trading activity. However, stronger demand for 90% lean beef relative to 95% lean products has helped support the market and limited downside pressure...
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