By Matt Dalgleish | Source: MLA, BOM, Mecardo
In early May we published a piece on the likely impact of a dry Autumn on young cattle prices which suggested that a fall to the 470¢ region was on the cards for the Eastern Young Cattle Indicator (EYCI) if it remained dry. This analysis provides an update on the EYCI into Spring, based on the current Bureau of Meteorology (BOM) rainfall forecast.
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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.