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Elders Killara feedlot manager Andrew Talbot spoke at Beef Central's Primex seminar about headwinds and tailwinds for cattle and meat prices heading into 2023. He expressed skepticism about optimistic industry outlooks, and the Eastern Young Cattle Indicator was 1019c/kg.
Feedlot operators' caution about where cattle prices are heading signals downside risk to the Australian cattle complex, which could ease feeder demand for grain-based feeds.
beefcentral.comJon CondonDec 1, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
