US lean beef trimmings import prices rise on China demand, tight supply

Imported lean beef trimmings CIF US prices climbed 2% in the week ended Jan. 16, supported by heightened demand from China for Australian and New Zealand beef. Prices were up during the week as “China has made a big push to secure as much volume as possible from Australia and New Zealand before the safeguard quota,” an importer said. “More demand has pushed asking prices up, but has pulled peopleImported lean beef trimmings CIF US prices climbed 2% in the week ended Jan. 16, supported by heightened demand from China for Australian and New Zealand beef. Prices were up during the week as “China has made a big push to secure as much volume as possible from Australia and New Zealand before the safeguard quota,” an importer said. “More demand has pushed asking prices up, but has pulled peopleRead More