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Wednesday, August 27, 2014

Cow market recovery to cool down in coming weeks

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

Cattle markets have received a boost after the widespread rains in Queensland and NSW last week. A combination of tighter throughput and a moderate improvement in buyer demand has favoured both young cattle and finished steer markets. Yet, no one has been able to match the stellar performance of cow markets of late. How much upside do they have left?

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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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