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Monday, August 15, 2016

A real risk of loss on expensive cattle purchases

By Angus Brown  |  Source: NLRS, Auctionsplus

Young cattle prices have gone absolutely gangbusters in the last two weeks, reportedly driven by restockers. This raises the question as to what risk restockers are taking on by buying young cattle in the current market. For production of heavy steers current prices look ok, but for a short turn around there is a real risk of negative margins.

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