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Australia's national cattle herd is at its lowest in almost 30 years and the sheep flock at its lowest since 1904, after drought, bushfires and floods. With coronavirus closing state borders, restocking is harder, and livestock prices are at record levels while many farmers carry debt.
A shrinking Australian herd keeps beef and sheepmeat supply tight and prices high, though it has little direct effect on feed grain demand. Restocking constraints may keep cattle prices firm for longer.
abc.net.auDavid Claughton24 Mar 2020Setelah 80 peristiwa cuaca bullish sebelumnya, Sapi Hidup bergerak median +0,1% selama 5 sesi (54% lebih tinggi; separuh tengah -0,8% sampai +1,3%), dan +0,7% 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.
