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Thursday, November 28, 2013

ALFA/MLA quarterly feedlot survey results – September quarter results

By Augusto Semmelroth  |  Source: ALFA, MLA, NLRS

Australian cattle on feed (CoF) numbers in the September quarter (Q3) fell 10% from June (Q2) to 787,487 head, but remained 10% above corresponding period in 2012 and the 5-year average. Grain-fed cattle marketings hit the third highest level on record at 707,831 head, while placements dropped 16.8% from Q2 largely on the back of higher feeder steer and grain prices.

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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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