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Saturday, May 17, 2014

Heavy steers move back to a premium to store cattle

By Augusto Semmelroth  |  Source: MLA's NLRS

Despite the solid autumn break in April, cattle markets have not yet returned to their normal state. The lingering effects of a long-lasting drought continue to impact the pricing of different cattle categories, particularly store and heavy steers. This article will look at how those markets interact, what to expect in the short-term and current trading opportunities.

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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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