ABARES winds down saleyard price forecast

Beef Central, 20 September 2017

Deteriorating seasonal and market conditions in the past three months have caused ABARES to significantly downgrade its forecast cattle price average for 2017-18.

NVLX Wodonga 19 Sep 2017: Sales soften as numbers rise

20 September 2017

The Eastern Young Cattle Indicator closed last week 14c down week-on-week and the Wodonga market followed suit. The indicator is trending 194.25c/kg below the same time last year and has dropped more than 20.11c/kg in the last month.

Store market: enter the speculator

19 September 2017

A widespread lack of feed following a dry winter and the return of spring heat is fuelling a speculators market for store buyers, with decisions to buy equating to a roll of the dice and a punt on when rain will fall.

EYCI

Eastern Young Cattle Indicator, c/kg

Today 513.50

Source:
MLA's NLRS

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ABARES winds down saleyard price forecast

NVLX Wodonga 19 Sep 2017: Sales soften as numbers rise

Store market: enter the speculator

EYCI

Today 513.50

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