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Tuesday, January 21, 2020

Supply, demand or both

By Angus Brown  |  Source: MLA

The young cattle market has made a leap early in 2020, as rain and flooding strikes the east and west coasts. The Eastern Young Cattle Indicator (EYCI) has opened much stronger, and today we look at whether it is supply, demand or both which have driven values to five month highs.

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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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