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Showing 10 results of about 320 for 'cattle comments' :
  • CATTLE
  • NATIONAL

Friday, November 15, 2019

Strong supply meets rampant demand

Cattle supply has shown no signs of slowing in recent weeks, with slaughter still running hot, but prices continued to rise. As outlined earlier in the week, supply is outstripping demand at the moment, forcing counter seasonal price rises.

http://www.mecardo.com.au/commodities/cattle/market-comment/strong-supply-meets-rampant-demand.aspx
  • CATTLE
  • NATIONAL

Friday, November 08, 2019

May I have some more please?

Isn’t it great to see rain falling to parts of NSW and Queensland that have been missing out for some time? Certainly, cattle markets have responded kindly, but we really need to see more rainfall to get the confidence of restockers to re-engage with the market in a meaningful way.

http://www.mecardo.com.au/commodities/cattle/market-comment/may-i-have-some-more-please.aspx
  • CATTLE
  • NATIONAL

Friday, November 01, 2019

No real reaction to rain forecast -yet

This time last week we were bemoaning the lack of rainfall on the forecast, and predicted more sideways action in markets. They say a week is a long time in football, well it seems to take forever when rain comes on the forecast and we wait for it to fall.

http://www.mecardo.com.au/commodities/cattle/market-comment/no-real-reaction-to-rain-forecast-yet.aspx
  • CATTLE
  • NATIONAL

Friday, October 25, 2019

Another week, another rise in export prices

The Aussie dollar was higher thanks to improving prospects for China/US trade, and declining chances of an interest rate cut next week. This had little impact on export prices however, with higher US value driving export prices higher.

http://www.mecardo.com.au/commodities/cattle/market-comment/another-week-another-rise-in-export-prices.aspx
  • CATTLE
  • NATIONAL

Friday, October 18, 2019

Markets primed for rain

Measures of cattle supply across the east coast probe lows not seen in many months and prices across categories are mixed on the week. The reduced supply points to a chance for a rally but the lack of rain is hampering the bounce, despite solid offshore demand and strong export prices.

http://www.mecardo.com.au/commodities/cattle/market-comment/markets-primed-for-rain.aspx
  • CATTLE
  • NATIONAL

Friday, October 11, 2019

A new record for the 90CL

Cattle markets continued to track sideways this week, with very little in the way of major movements in most indicators. We did see the Bureau of Meteorology (BOM) update their three month outlook yesterday, which is a little more promising, but not much, while the record for 90CL to the US was finally broken.

http://www.mecardo.com.au/commodities/cattle/market-comment/a-new-record-for-the-90cl.aspx
  • CATTLE
  • NATIONAL

Friday, October 04, 2019

A tale of two yardings

It was the best of yardings, it was the worst of yardings... well not quite (and excuse the Dickens pun), but in recent weeks we have seen cattle yarding levels diverging between the East and West coast with the differing supply levels flowing through to the respective cattle price sentiment across most cattle types this week in each state.

http://www.mecardo.com.au/commodities/cattle/market-comment/a-tale-of-two-yardings.aspx
  • CATTLE
  • NATIONAL

Friday, September 27, 2019

Cattle in a holding pattern

Cattle slaughter ticked up last week, but prices continued to track sideways. The market seems to be in a holding pattern in the east, while the WA premium remains strong.

http://www.mecardo.com.au/commodities/cattle/market-comment/cattle-in-a-holding-pattern-(1).aspx
  • CATTLE
  • NATIONAL

Friday, September 20, 2019

Another gloomy forecast isn’t going to help

Recent cattle market trends continued this week. Young and store cattle remained on the slide, while support for finished cattle remains. The latest BOM three month outlook doesn’t offer a lot of hope for rising prices for the rest of the year.

http://www.mecardo.com.au/commodities/cattle/market-comment/another-gloomy-forecast-isnt-going-to-help.aspx
  • CATTLE
  • NATIONAL

Friday, September 13, 2019

Support for young cattle drying up

The young cattle price slide continued this week as the lack of rain saw price support dry up further. There were no falls for finished cattle however, as demand continues to respond to rising export cattle prices.

http://www.mecardo.com.au/commodities/cattle/market-comment/support-for-young-cattle-drying-up.aspx

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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