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Thursday, September 05, 2019

Young cattle price forecasts to 2022

By Matt Dalgleish  |  Source: MLA, USDA, CME, Steiner, OECD, FAO, Mecardo

Recent changes to the Meat and Livestock Australia (MLA) cattle industry projections, along with a softer A$ and updated USDA cattle supply metrics have prompted a revision to the Mecardo Eastern Young Cattle Indicator (EYCI) forecast tool. In this analysis, we provide annual average forecasts to 2022 based on a wet, dry and average climate.

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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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