24-01-2013 08:00 AM | Russian Federation

Hogs, cattle defy Russia's threat

Considering Russia came out and said they may put in place some type of ban on U.S. and Canadian pork and beef Wednesday, this market did a great job holding its ground.

The Russian health agency indicated unacceptable levels of lean growth hog feed additives, marketed as Paylean, would prompt them to take this action. Russia is our sixth largest pork buyer. In 2012 they accounted for around 5% of our exports.
Full Story : Futures Magazine