
Beef Central compared US live cattle and feeder futures with Australian forward cattle prices and found a wide gap heading into late 2017. Australia faces a slaughter cattle shortage after two years of drought, while US prices are pressured by herd rebuilding and cheap grain.
The gap is expected to push the US to seek restored access to the Australian beef market by August or September.
A large US-Australia price gap could lead to renewed trade access talks that affect beef export flows. Cheap US grain supports the US cattle price pressure that feeds into feed demand.
過去の中立な貿易イベント65件の後、生牛 は5営業日で中央値 +0.3% 動き(57% が上昇。中央50%は -0.5% から +1.4%)、20営業日では +2.5% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。