USDA estimates USD 1.8bln potential impact from the outbreak, after New World screwworm was confirmed it a Texas calf, while report noted US cattle ban from Mexico pressures beef prices
Australian Imports MoM (Apr) M/M 0.8% (Prev. 14.1%)
Australian Exports MoM (Apr) M/M 7.2% (Prev. -2.7%)
USDA estimates USD 1.8bln potential impact from the outbreak, after New World screwworm was confirmed it a Texas calf, while report noted US cattle ban from Mexico pressures beef prices
PBoC open market operations were at zero for a second consecutive day
PRE-MARKET CHINESE STOCKS NEWS: Chongqing Iron & Steel (1053 HK) noted the resignation of Vice Chairman Song De An, effective June 3rd
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