Loading…
Feeder steer prices in Darwin have held near $3.30 per kilogram this year, while comparable southern steers have struggled to exceed $3. Northern live exporters are paying a premium because of tight cattle supply and strict shipping commitments.
Southern domestic prices are falling in the same period.
The premium for northern export cattle reflects tight Australian supply rather than stronger demand, and it has no clear direct effect on global feed grain or meal prices.
abc.net.auOct 4, 2017Not 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.
