date:Apr 08, 2014
esidential elections are upcoming. A continued depreciation of the US dollar will also support prices.
A high New Zealand dollar will offset gains from strong demand for beef from the US and China, Rabobank said.
Canada increased feed usage and higher cattle shipments to the US mean Canada is rapidly depleting their available cattle supply with limited interest in herd expansion, according to Rabobank.
Exports of beef from Argentina are expected to remain low as government limits on export