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Wednesday, December 11, 2013

Stronger demand and tighter supply: live cattle price spike?

By Angus Brown  |  Source: MLA's NLRS, Landmark, ABS

High prices in Indonesian beef markets in recent months have prompted Indonesia to release permits for an extra 100,000 head of cattle to be delivered in November and December. This, combined with a reasonable start to the wet season, has seen live export cattle prices rise markedly since October.

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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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