Good news for us, to keep this train chugging along.
15% less beef from Australia for 2015,
the herd is sold down to a 20 year low.
feeder cattle exports there are down 30 to 35% now.
http://www.mla.com.au/Prices-and-markets/Trends-and-analysis/Beef/Forecasts
feeder cattle exports there are down 30 to 35% now.
http://www.mla.com.au/Prices-and-markets/Trends-and-analysis/Beef/Forecasts
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This makes sense to me. Of course markets always move up and down or at least sideways. I don't think its time for panic. Maybe time to take a little protection.
1 - 3 of 3 Posts
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