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Eastern States paddock feeder steer and heifer indicators hit record highs, up 41% and 35% year on year. Competition between restockers and feeder buyers is tightening a smaller pool of young cattle, particularly in Queensland.
Supply has shifted toward younger cattle as northern regions missed rainfall.
A tight young cattle supply and strong restocker demand keep feeder cattle prices elevated, raising feedlot costs for Australian feedlots and supporting store market values.
mla.com.au5 nov 2020Tras 79 eventos alcista de clima pasados, Ganado de engorde (feeder) se movió una mediana de +0,1 % en 5 sesiones (53% al alza; mitad central entre -1,4 % y +1,7 %), y +1,4 % 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.
