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Thursday, October 18, 2018

Rising finished prices no match for inputs.

By Angus Brown  |  Source: MLA, NLRS, Mecardo

Over the hooks grainfed cattle prices have hit a 13 month high recently, as finished cattle supply remains tight. However, the increase in the finished cattle price is still not matching the costs of inputs, with lotfeeders still operating largely in the red.

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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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