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Tuesday, February 20, 2018

Can Cyclonic Cattle price support come from New Zealand?

By Angus Brown  |  Source: NZ Meat Board, MLA, BOM, ACA

Manufacturing beef export prices had an unexpected jump last week, with the 90CL Frozen Cow Indicator moving back to 600¢/kg swt and leaving cattle prices in their wake. The Steiner Group reported tighter supplies out of New Zealand and were one of the drivers, so it’s timely to take a look at cattle supplies from over the ditch.

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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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