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Thursday, February 21, 2019

Disaster for some gives support to the rest

By Angus Brown  |  Source: MLA

The devastating floods that have afflicted far North West Queensland in recent weeks have somewhat abated, but we’re still hearing stories of cattle dying. The figure that most seem to be settling on for losses is around 500,000 head. We have been asked a number of times what this means for cattle markets and while it’s difficult to know, we can put the number into perspective.

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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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