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Wednesday, April 22, 2015

How will MLA’s latest cattle projections impact prices?

By Angus Brown  |  Source: ABS, MLA, NLRS

Meat & Livestock Australia’s (MLA’s) cattle projections update last week pointed to increased slaughter for 2015, and lower slaughter thereafter. The pertinent question, now, is how will this impact prices? We can’t just take supply into account with cattle prices, as the global nature of cattle markets has a large bearing on cattle prices. However, we can model how Australian cattle prices relate to international benchmarks.

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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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