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Tuesday, May 23, 2017

Export prices beefing up the market

By Angus Brown  |  Source: MLA, Steiner

Regular readers will know that we like to look at the US Frozen cow 90CL export price as a guide to where international beef values sit. Historically local cattle markets have been heavily influenced by the 90CL export price, and as cattle supply improves, we are likely to move back into this pattern. Luckily for cattle producers, the 90CL price has been on the rise.

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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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