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Top End buffalo exports from Darwin reached 8,982 head in the year to November 30, the highest since at least 1990. High Australian beef prices are pushing Southeast Asian buyers toward buffalo as a cheaper protein.
Strong regional demand for buffalo as a substitute for pricier beef has limited direct impact on feed grain markets, though it signals firm Asian protein demand.
abc.net.auLydia Burton, Daniel FitzgeraldJan 1, 2018After 65 past neutral trade events, LCATTLE moved a median +0.3% over 5 sessions (57% higher; middle half -0.5% to +1.4%), and +2.5% 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.
