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Wednesday, April 22, 2015

Sell heavy, buy light and hold cows in the south – price spread analysis

By Augusto Semmelroth  |  Source: MLA's NLRS, ACU

Cattle markets have posted a solid recovery over the last three to four weeks, with most cattle indicators rallying 5-15% depending on the category and state. Although price gains were largely widespread, some cattle types outperformed others to see some trade/marketing opportunities come to life. A closer look at the cattle spreads allows us to assess what’s a sell, a hold and a buy in this current market.

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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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