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Wednesday, November 02, 2016

Can restocker enthusiasm last into 2017?

By Matt Dalgleish  |  Source: MLA, NLRS

The underlying data that comprises the Eastern Young Cattle Indicator (EYCI) continues to show optimism within the restocker sector, as favourable seasonal conditions continue to encourage restockers to pay above lot feeders and processors for EYCI style cattle. Will the enthusiasm of restockers last into the 2017 season or is it set to fade?

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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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