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Beef Central reports that Australian cattle prices are the highest in the world after two years of drought restricted supply. US beef is about 25% cheaper than Australian beef in Australian dollar terms, following a US beef surplus that pushed US prices lower.
A large Australian retailer has said it would stock US beef if access issues are resolved.
A wide price gap could open a window for US beef imports into Australia, adding competition for Australian beef. High Australian cattle prices remain supported by tight domestic supply.
beefcentral.comJon Condon13 ago 2020Tras 65 eventos neutral de comercio pasados, Ganado en pie se movió una mediana de +0,3 % en 5 sesiones (57% al alza; mitad central entre -0,5 % y +1,4 %), y +2,5 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
