By Matt Dalgleish | Source: MLA, ABS, Steiner, ALIC, Trade, Mecardo
Updated monthly processor margin calculations from the Mecardo cut-out model indicate that processor margins have slipped into negative territory for the first time this season, registering an $18 per head loss for the month of November. Despite the weak finish to the year average margins across the 2018 season are still looking healthy, which is to be expected during a herd liquidation phase.
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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.