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Record cattle prices may slow national herd recovery as farmers struggle to restock
FriFriday 16
AprApril 2021 at 9:23pm
The Eastern Young Cattle Indicator has passed 900 cents a kilo for the first time in history.
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Record cattle prices are making it hard for producers trying to restock and may put the brakes on the national herd s drought recovery.
Key points:
Demand has spiked after rain in drought-affected areas last month
High prices are making it hard for cattle producers trying to restock
People need to rebuild the herd and they re scrambling to, NAB agribusiness economist Phin Ziebell said. ....

New South Wales , Jason Shearer Smith , Ray Cranney , National Livestock Reporting Service , Smithfield Cattle Company , Eastern Young Cattle Indicator , Phin Ziebell , Livestock Australia , Thomas Elder , Cattle Company , Sapphire Feedlot , Cattle Prices , 00 Cents , Record Prices , Drought Recovery , National Herd , Sapphire Feedlot , High Prices , Slight Margin , புதியது தெற்கு வேல்ஸ் , தேசிய கால்நடைகள் புகாரளித்தல் சேவை , ஸ்மித்ஃபீல்ட் கால்நடைகள் நிறுவனம் , கால்நடைகள் ஆஸ்திரேலியா , தாமஸ் மூத்தவர் , கால்நடைகள் நிறுவனம் , சபையர் பீடுலோத் ,