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Thursday, January 12, 2017

US market and exchange rate showing some reason for optimism.

By Angus Brown  |  Source: CME, MLA, NLRS, RBA

We have been talking about the spectre of a correction in the Australian cattle market for some time. The main driver behind any fall in prices, apart from local climatic issues, will be the weakness in international cattle markets. There is some reason for optimism however, with US cattle futures making some sort of a comeback in November and December.

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