(Bloomberg) -- Cattle rose for a second-straight
session in Chicago as the restoration of South Korean beef
imports from the U.S. spurred cattle buying. Hog futures fell.
South Korea resumed purchases this week from six plants
owned by Tyson Foods Inc. and Cargill Inc., the two-largest U.S.
beef packers. The Asian country banned beef from the plants on
May 29 after receiving shipments intended for U.S. consumption.
South Korea was the third-largest importer of U.S. beef until a
mad-cow case in 2003.
Read more at Bloomberg Commodities News
session in Chicago as the restoration of South Korean beef
imports from the U.S. spurred cattle buying. Hog futures fell.
South Korea resumed purchases this week from six plants
owned by Tyson Foods Inc. and Cargill Inc., the two-largest U.S.
beef packers. The Asian country banned beef from the plants on
May 29 after receiving shipments intended for U.S. consumption.
South Korea was the third-largest importer of U.S. beef until a
mad-cow case in 2003.
Read more at Bloomberg Commodities News
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