By Augusto Semmelroth | Source: MLA's NLRS
At the first glance, the surge in store young cattle prices on the east coast suggests restocking has become too expensive. However, a closer look at the price relationship between finished and store cattle reinforce the idea it’s still a good time to replace ready-to-market lines for stores, particularly in Victoria.
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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.