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Tuesday, February 23, 2016

Lean processors, fat margins? – cut it out!

By Matt Dalgleish  |  Source: MLA, Steiner, USDA, Trade, ACU

It is no secret that beef processors enjoyed ideal trading conditions during the 2013-14 seasons. A strong drought induced turnoff kept local prices in check while high demand for export beef, particularly from the US, allowed product to be placed reasonably easily and at good prices. Recent reports from processors suggest that the situation is very different now, but is it?

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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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