China: Importers are starting to return to the market from their lunar new year celebrations and demand is firm.
The picture on where everything will settle after the holidays should be clear in the next week or two.
Russia: The Prodexpo Moscow trade show is currently running . There is optimism in the air amid rumours of Indian plant approvals. Our very own Olga Artemova (olga.artemova@agrakepak.com) is attending the show.
USA: In surprising news given its lower cattle prices in 2016, the U.S. cattle herd is up nearly 2% from a year ago.
Brazil: After a quiet finish to 2016, Brazilian exports rebounded to their highest January total in a number of years, at 87,000t.