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Tuesday, January 07, 2014

Weaners are cheap by any measure

By Angus Brown  |  Source: Weekly Times, Stock and Land, MLA's NLRS

When we assess cattle prices we usually look at absolute prices in relation to historical levels, the price of the particular category relative to the Eastern Young Cattle Indicator (EYCI), and at potential returns from buying, or holding, the cattle. By any of these measures, weaner cattle at the annual Victorian weaner sales are cheap.

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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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