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America's Top Beef Processor Sees "Worst Part" Of Cattle Cycle Over
America's Top Beef Processor Sees "Worst Part" Of Cattle Cycle Over
One of America's largest beef processors has spotted an inflection point in the industry's brutal multiyear margin squeeze, saying the "worst part of the cycle" is over as cattle futures and supermarket ground beef prices retreat from their highs."We do believe we are through the worst part of the cycle," National Beef CEO Tim Klein told reporters on Thursday, Bloomberg reported.Klein pointed out that reduced US slaughter volumes helped improve processing margins, while robust consumer demand supported elevated beef...
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Jul 1, 2026 / Tyler Durden
Goldman Sachs Warns Oil Inventory Rebuild Won’t Prevent 2027 Supply Glut
Goldman Sachs Warns Oil Inventory Rebuild Won’t Prevent 2027 Supply Glut
The global race to rebuild depleted oil inventories will not be enough to offset a massive glut that’s coming to the market next year, as traffic through the Strait of Hormuz appears to be headed toward normalization, according to Goldman Sachs commodity strategists.
First, arguing the bullish side, stockpiles of crude and refined petroleum products in many parts of the world have been depleted to multi-decade lows after governments raced to release strategic stockpiles in March after the Middle...
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Oct 19, 2026 / Tyler Durden
Dutch Minister: Young Locals Can Just Live With Their Parents, Migrants Get Houses First
Dutch Minister: Young Locals Can Just Live With Their Parents, Migrants Get Houses First
Via Remix News,
Dutch Housing Minister Elanor Boekholt-O'Sullivan drew sharp criticism this week after defending priority access to scarce social housing for recognized refugees, arguing that many young Dutch first-time home seekers "can still live with their parents."
In an interview with De Telegraaf, the D66 minister was asked why status holders - asylum seekers granted residence permits - should receive preference for social rental homes while Dutch "starters" face long waiting lists and delayed independence. She responded...
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Oct 18, 2026 / Tyler Durden
Canadian Government Threatens To Punish Steel Maker Over Tariff Layoffs
Canadian Government Threatens To Punish Steel Maker Over Tariff Layoffs
The fundamental nature of socialist economics is to use governments to rig markets in favor of certain groups and outcomes. Canada has been exploiting this dynamic for decades (along with their proximity to the largest consumer market in the world), in order to secure optimal benefit for their GDP and their liberal leadership. US tariffs, love them or hate them, are one of the few mechanisms available to level the playing field against countries (and corporations) that abuse global trade.
Rather...
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