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Feedlot operators bid up prices at the Ballarat monthly store cattle sale in Victoria, Australia, on May 24, 2021. Pens over 500 kg averaged 443c/kg, and the EYCI indicator reached 899c/kg on a yarding of about 4,200 head.
Strong feedlot demand for stores reflects tight Australian cattle supplies and drought-reduced herds. Higher feeder prices support Australian beef export competitiveness.
beefcentral.comGuest AuthorMay 24, 2021Not 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.
