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Wednesday, November 13, 2013

Improving grainfed cattle prices increase upper EYCI limits

By Angus Brown  |  Source: MLA's NLRS, ACU

As we noted in last week’s market comment, grainfed cattle prices have been on the rise over the last month, which is good news for lot feeders and those that supply them. Today we look at the scope for increases in feeder cattle prices based on current grainfed cattle and grain prices.

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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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