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Tuesday, August 28, 2018

A measure of buyer enthusiasm

By Matt Dalgleish  |  Source: MLA, Mecardo

The underlying data that is used to create the Eastern Young Cattle Indicator (EYCI) can be filtered to give an insight into the optimism/intentions of different buyer groups. The prospect of rain can impact restockers, feed grain price movements can prompt lot feeders into action and processor margins can determine how enthusiastic meat works are at the sale yard. This piece looks at these three buyer groups and how they are behaving, in relative terms, this season.

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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Mecardo will send you its latest market analysis outlook delivered to your Inbox as it's published.  You will also receive one month Premium access for free.

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