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ACCC Deputy Chair Mick Keogh spoke at the Australian Livestock Saleyards Association conference on the outcomes of the ACCC's Beef and Cattle Market Study. The address covered industry response and competition issues at saleyards.
Competition findings affecting Australian saleyards and cattle pricing have limited direct effect on global feed-grain or feed-ingredient prices.
accc.gov.auAustralian Competition, Consumer CommissionAug 10, 2018After 166 past policy events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.9% to +1.2%), and +1.3% over 20.
After 79 past policy events, Feeder Cattle moved a median +0.3% over 5 sessions (56% higher; middle half -1.0% to +1.2%), and +0.8% over 20.
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.
