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Thursday, June 15, 2017

Processors frolic around the May-pole

By Matt Dalgleish  |  Source: DAWR, ACA

Improving beef export prices, since the beginning of the season, and the Autumn lull in cattle prices have seen the Mecardo processor margin cut-out model move into positive territory for the first time this year. The last time a positive monthly result was registered was a brief foray to $17 profit per head in November 2016.

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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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