By Angus Brown | Source: MLA's NLRS
After last week’s release of the ALFA/MLA December Lotfeeder survey, which indicated that there were record numbers of cattle on feed (COF) at the end of 2014, there was some concern that record COF might result in weaker demand for feeder cattle over the coming months. The main indicator of demand, price, seems to suggest otherwise.
Want to see more ?
Go to Cattle data
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.