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CITIC Securities: Upstream Dairy Cow Destocking Accelerates, Optimism for Meat and Dairy Cycle Synergy
4 week ago /
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Author：小编
Currently, both live cattle and milk prices are hovering at historical lows. The ongoing destocking of dairy cows in the upstream sector is progressing, and the repercussions of destocking beef cattle breeding herds are gradually becoming evident. The industry anticipates that in the foreseeable future, the raw milk and beef cattle cycles are poised to converge in an upward trend, potentially catalyzing a performance upswing for upstream breeding enterprises.
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