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Tuesday, May 08, 2018

We found some good news for cattle.

By Angus Brown  |  Source: MLA, Steiner, Mecardo

It’s not rain, and Matt’s article from last week tells us that we might be waiting a while for that, but the old friend and foe of export commodities, the Aussie dollar. The Aussie has made a move lower over the last fortnight and as such, it’s a good time to review export prices and how much support the lower AUD may offer cattle markets.

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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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