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Tuesday, July 03, 2018

Are underpriced cattle an opportunity?

By Angus Brown  |  Source: MLA, Auctionsplus, Mecardo

In recent weeks we have had a look at how cattle are priced relative to some benchmarks, with the result being that young cattle are currently underpriced. We are past the winter solstice, the days are getting longer, and those with moisture will be waiting for grass growth. Given this, we take a look at how the opportunities and risks lie in terms of buying young cattle now.

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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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