Mecardo said there is around 3.35m head of cattle in regions impacted by floods and heavy rainfall.
Mecardo said floods in 2012 saw May and June cattle slaughter lower in Queensland, but current floods and rainfall events are unprecedented and therefore the impact is hard to predict. | Credits: Paintings, Shutterstock.
FLOODS across Queensland are predicted to have short and long-term supply impacts for the cattle market, but Mecardo reports the effects are currently hard to quantify. Mecardo analyst, Angus Brown,...
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