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Thursday, October 24, 2019

Why is the EYCI rising?

By Angus Brown  |  Source: MLA, Mecardo

During a dry spring, you can almost guarantee young cattle prices will fall. The lack of grass and rising grain and fodder prices usually see young cattle being offloaded. This year young cattle have remained strong and even rallied last week. Perhaps some restockers are having another roll of the dice.

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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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