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Thursday, June 13, 2019

Compared to the US our cattle are cheap and expensive.

By Angus Brown  |  Source: MLA, CME

In the global beef market the US is a major player. Being both one of our biggest customers for export beef, along with one of our major competitors, US prices help drive values in the Australian market. At the moment, high feed costs here, and cheap ones there are seeing a strange spread in price comparisons.

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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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