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Thursday, June 20, 2019

Record retail beef prices despite falls in saleyards

By Angus Brown  |  Source: MLA, ABARES

Saleyard cattle prices spent much of the first quarter of this year falling, yet domestic consumers failed to see the benefits. At the end of March, retail beef price reached a record high, seemingly pushed by export competitors and the price of substitutes rather than by the cost of cattle.

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