23-01-2013 06:42 AM | Japan

Japan beef news rallies U.S. live cattle futures

U.S. live cattle futures rallied on Tuesday, helped by news that Japan could ease U.S. beef import restrictions soon, triggering short-covering, traders and analysts said.

Japan could relax its BSE-related import rules on U.S. beef on Feb. 1 if a panel of medicine and food experts consents, a Japanese health ministry spokesman said.
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