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Friday, October 11, 2013

Restockers and feeder steers close to 10-year lows

By Augusto Semmelroth  |  Source: MLA's NLRS, Steiner

Percentile analysis of cattle prices paints a very clear image of the state of cattle markets at the moment. So what is that? Strong export prices, finished cattle prices at around the 10-year average and store cattle historically cheap.

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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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