
Beef Central reports that Australian cattle prices are the highest in the world after two years of drought restricted supply. US beef is about 25% cheaper than Australian beef in Australian dollar terms, following a US beef surplus that pushed US prices lower.
A large Australian retailer has said it would stock US beef if access issues are resolved.
A wide price gap could open a window for US beef imports into Australia, adding competition for Australian beef. High Australian cattle prices remain supported by tight domestic supply.
Setelah 65 peristiwa perdagangan netral sebelumnya, Sapi Hidup bergerak median +0,3% selama 5 sesi (57% lebih tinggi; separuh tengah -0,5% sampai +1,4%), dan +2,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.