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Barchart
Barchart
Darin Newsom

Is Boxed Beef a Good US Economic Indicator?

  • The latest 6-to-10-day forecast calls for more winter-like temperatures across the US East Coast, a possible catalyst for the latest rally in natural gas. 

  • Reported US boxed beef prices soared Thursday afternoon, putting the spotlight on the debate of if this market can be viewed as a reliable economic indicator. 

  • The Grains sector was quiet, led by Soybeans giving back a small part of this past week's rally. 

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