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Tuesday, February 03, 2015

Sunshine State ahead of the game – January Percentiles

By Augusto Semmelroth  |  Source: MLA's NLRS

With much needed rains hitting the ground in December and January - alleviating drought conditions – buyer confidence was restored rather quickly in Queensland to see cattle prices surge in January. As expected, Queensland has been the driving force behind the cattle market recovery with prices rallying 75-90¢, or 22-27%, from late December levels to reach all-time highs.

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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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