Market Activity

BFT remains bid at $0.3000 with no offers seen in the market. Sources have reported that July is well booked and sellers don’t many, if any, reasons to venture into the open market. Kills remain tight with weekly numbers hovering around the 550,000 mark. The low numbers have sparked a number of ”remember when” conversations with buyers reminiscing about days of weekly slaughter starting with 6 or even 7.

Figure 1.

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