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Thursday, March 26, 2020

Falling beef and rising grain bad news for feeders

By Angus Brown  |  Source: MLA, Mecardo

It’s all about the Covid-19 outbreak at the moment, with all the talk centred on the impact. This week it has been a surprise rise in grain prices and a dramatic drop in finished cattle prices which has taken our interest. Obviously these market movements are bad news for lotfeeders.

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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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