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Friday, March 14, 2014

Trading opportunities still there in southern cattle markets

By Augusto Semmelroth  |  Source: MLA's NLRS

Despite the recent recovery seen in store cattle markets in NSW and Victoria, they remain cheap compared to finished steers. This suggests there are still some good trade opportunities for producers willing to sell finished stock and buy stores before autumn breaks. This article analyses percentiles and price relationships to understand why.

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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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