Cattle prices to remain high

Updated April 21 2017 - 11:00am, first published April 20 2017 - 2:00pm
According to Meat and Livestock Australia’s quarterly update of its 2017 Australian Cattle Industry Projections, the 2017 outlook for cattle slaughter in Australia remains at 7.1 million head.
According to Meat and Livestock Australia’s quarterly update of its 2017 Australian Cattle Industry Projections, the 2017 outlook for cattle slaughter in Australia remains at 7.1 million head.

Australia’s cattle market has been rejuvenated by recent rainfall across many parts of Australia, ensuring cattle prices will remain higher year-on-year for the first six months of 2017. However, heading toward 2018, a slowly growing herd will likely result in prices trending lower.

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