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Live export steer prices in Darwin remain steady at 335 to 340 cents per kilogram despite weak demand in Southeast Asia. Northern port exports from January to September were lower than in 2016 at Darwin, Townsville and Broome.
Exporters attribute the high prices to tight supply.
Tight northern supply keeps Australian live cattle prices firm even as demand from Indonesia weakens, with little direct effect on global feed grain prices.
beefcentral.comJames NasonOct 27, 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.
