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Tuesday, May 01, 2018

Impact of a failed Southern break.

By Matt Dalgleish  |  Source: MLA, BOM, Mecardo

Beef producers and cattle prices have been suffering under a dry April. However, the Bureau of Meteorology (BOM) have released their rainfall forecast for the next three months, which signals a return to relatively normal conditions for much of the nation as we head toward Winter. This article takes a look at what a return to average rainfall may mean for the Eastern Young Cattle Indicator (EYCI) and what may be in stall if the Autumn rains don’t come to the South.

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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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