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home / news releases / UBC - How The Beef Industry Is Managing Pricing During The Pandemic

UBC - How The Beef Industry Is Managing Pricing During The Pandemic

E-TRACS USB Bloomberg Commodity Index Exchange Traded Notes UBS Bloomberg CMCI Livestock ETN
  • As covid-19 escalated in 2020, packing plant shutdowns led to temporary meat shortages and price volatility.
  • A new boxed beef index aims to bridge the gap between producer and consumer, a move that could help the long-term success of the beef industry.
  • CME live cattle futures tumbled over 40% from the start of 2020, touching a 14-year low at about 76 cents a pound in April 2020.

For further details see:

How The Beef Industry Is Managing Pricing During The Pandemic
Stock Information
Company Name: E-TRACS USB Bloomberg Commodity Index Exchange Traded Notes UBS Bloomberg CMCI Livestock ETN
Stock Symbol: UBC
Market: NYSE
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