Colosseum a.s. (Colosseum a.s.)
Commodities  |  January 31, 2013 12:12:28

Russia banned imports of pork and beef from U.S.

ColosseumFor the first time this week weakened during yesterday's trading session on the Stock Exchange Chicago Mercantile Exchange the most active futures contract for pork halves. This was due to speculation, by which the demand for U.S. pork and beef falls, in connection with the ban on imports of meat from the United States to Russia. According to a statement yesterday, the Russian government is food in Russia because of concerns about the content of banned substances promote muscle growth banned with effect from February 11 imported pork and beef from the U.S. According to the U.S. Department of Agriculture, Russia was last year's sixth largest consumer of meat from the United States . The total consumption reached 59,680 by USDA metric tons. Futures on pork halves with the April delivery date weakened during the previous day on the stock CME by 0.4% to the closing price of 89.25 cents per pound weight.

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