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Tuesday, July 23, 2019

What’s your beef, me old China?

By Matt Dalgleish  |  Source: MLA, Mecardo

Last week we looked at our record sheep and lamb prices in foreign buyer terms on Mecardo and a cattle producer subscriber got in touch to see if we could do the same for our beef analysis piece. When assessing offshore markets, we often focus on US dollar prices but given that China now takes more than 20% of our export beef we thought to shine the spotlight on the Chinese Yuan for this analysis.

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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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