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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.
beefcentral.comJon Condon2017年4月19日在过去 65 次中性的贸易事件之后，活牛 在 5 个交易日内中位数变动 +0.3%（57% 上涨；中间一半区间为 -0.5% 至 +1.4%），20 个交易日内为 +2.5%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
