By Matt Dalgleish | Source: MLA, Steiner, USDA, Trade, ACA
The Mecardo theoretical cut out model indicates that processor margins have succumbed to rising input costs in the last few months, after resisting the normal seasonal tightening that often occurs over Winter. The model shows that the average monthly margin per head slipped into negative territory during September after posting four successive months of profit.
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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.