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Australian live cattle export customers are becoming more flexible on cattle specifications due to record livestock prices, with some changes likely to be permanent. Exporters at a LiveCorp seminar at Beef Australia said Indonesian importers pivoted to lighter or different cattle types to keep importing as costs rose.
Record Australian cattle prices are forcing buyers to shift specifications, which signals sustained tight supply and firm feeder cattle values.
farmonline.com.auShan GoodwinMay 5, 2021Not 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.
