# Agribusiness: Ridley sees some positives in 2H20 outlook - Beef Central

> Ridley Corporation, Australia's largest stockfeed miller, reported positive beef and pig feed demand at its AGM. Dairy sales fell year on year in the July-September quarter, and salmon feed volumes trailed expectations.

- Date: 2019-11-26 · published 2019-11-26T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/56178-agribusiness-ridley-sees-some-positives-in-2h20-outlook-beef-central
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Strong beef lotfeeding and drought-driven supplementary feeding support demand for feed grains and protein in Australia, while weaker dairy feed sales add a small offset.

## Read by commodity

- MILK: bearish ▼
- LCATTLE: bullish ▲

## Sources

- beefcentral.com: https://www.beefcentral.com/news/agribusiness-ridley-sees-some-positives-in-2h20-outlook/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.