By Angus Brown | Source: NLRS, MLA
The Eastern Young Cattle Indicator (EYCI) has opened the year at three-year lows, reaching as low as 310.75¢/kg cwt on 15 January. In contrast, 90CL prices into the US remain at record highs, suggesting upside for cattle prices.
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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.