Cattle in Nebraska feedlot DarcyMaulsby/iStock/Thinkstock.

LIVESTOCK MARKETS: U.S. beef industry weighs options

Live cattle futures cratering as larger numbers enter pipeline.

Forty boxes of U.S. beef reached China on June 15 and cleared inspections, according to David Williams, vice president of client advisory and development at Informa Economics IEG. More shipments will be going over in the next couple weeks as additional companies are approved to export, but Williams said many companies are weighing how they will supply the reopened market.

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