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Wednesday, June 08, 2016

Grassfed, Grainfed and US Live Cattle – it’s all relative.

By Angus Brown  |  Source: MLA. NLRS, CME, ACA

Both heavy grassfed and grainfed cattle prices rallied last week as tight supply saw processors bidding up for scarce stock. Traditionally finished cattle prices continue to rally through the winter to a peak in spring, but a quick look at some pricing relativities suggests that this may not be a fait accompli this 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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