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Tuesday, May 02, 2017

Improving US cattle prices bolstering prospects

By Angus Brown  |  Source: MLA, CME, ABS, Stats NZ, Steiner

There are not many analysts in the Australian cattle market, but the few that do take a stab at forecasting prices, including Mecardo, are firmly of the opinion that the market will ease over the coming years. How far the market eases, depends on the level of international beef prices, and recent moves in the US are suggesting the fall might be a bit softer than expected at the start of the year.

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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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Mecardo will send you its latest market analysis outlook delivered to your Inbox as it's published.  You will also receive one month Premium access for free.

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