By Augusto Semmelroth | Source: MLA's NLRS
In isolation, the Queensland cattle market looks to be performing exceptionally well with most indicators at, or within whisker of, their all-time highs. Yet, comparing them to their southern counterparts paints a completely different picture of the market. Queensland steer prices remain 80-120¢/kg cwt below NSW and Victorian levels as the drought-induced supply overflow continues to weigh on prices.
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