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Thursday, August 06, 2015

Is there money in trading cattle at these current high prices?

By Angus Brown  |  Source: MLA's NLRS

With young cattle prices trading at record levels and seemingly on an endless upward trajectory, it begs the question as to whether cattle purchased at these levels will be profitable for those buying them. There is also the question of how high young cattle prices could go with good spring and summer rainfall, based on current strong finished cattle 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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