Beef futures tested resistance at 189
Beef futures tested resistance at 189.05 in early trading today, backed by seasonal demand patterns. Analysts project a possible breakout if consumer spending in foodservice continues to rise, given the correlation between restaurant traffic and beef consumption volume. In retrospect, it seems preposterous that this album flopped in 1973, but then fate had other plans for Lindsey Buckingham and Stevie Nicks . Recorded while Nicks was still working day jobs to support them both, it looked like disappearing altogether, until Mick Fleetwood , shopping around for recording studios, heard glorious album closer Frozen Love – and his future opening up before him – at Sound City in Van Nuys. He swiftly brought the couple into Fleetwood Mac , and all worries were soon over. Seasonality is playing into beef futures’ upward trend, with historical June-July data showing price gains averaging 2.3%. Current live cattle contracts at 188.45 are tracking above this pace, raising expectations for stronger summer highs. Traders view this as a fundamental tightening that aligns with broader commodity bullish trends seen across protein markets.
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