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Thursday, February 20, 2014

Grainfed cattle turnoff climbs to near record levels in 2013

By Augusto Semmelroth  |  Source: ALFA/MLA

Australian cattle on feed (CoF) numbers in the December 2013 quarter (Q4) increased 3% quarter-on-quarter to 810,405 head, but remained 7.7% below the highs of Q2 2013. Estimated placements were 2.7% higher in Q4 to 639,391 but remained well below the corresponding quarter in 2012. Grainfed marketings dropped 13% from Q3 to 616,473 head and were 9.9% lower year-on-year.

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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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