AGRIBUSINESS

Price swings predicted on good rain

IN ITS AUSTRALIAN 2019 Beef Cattle Seasonal Outlook, agribusiness banking specialist Rabobank has predicted that with the Australian cattle herd at a 20-year low, this year’s beef market will be heavily influenced by seasonal conditions, with a strong upside if conditions improve.

 Rabobank senior animal proteins analyst Angus Gidley-Baird.

Rabobank senior animal proteins analyst Angus Gidley-Baird.

According to the new industry report, limited cattle inventory will make the market very sensitive to any changes in demand and exaggerate any price upside as a result of increased rain and better conditions...

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A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Farming Ahead team.

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