WLD 4.35% 4.4¢ wellard limited

AFR Article, page-10

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    Prices still falling...

    Weekly kill: Ominous signs as dramatic surge seen in Qld saleyards numbers


    By Jon Condon, 13 February 2018

    Heatwave conditions and little prospect of rain relief in the immediate future are driving big numbers of cattle from central and western Queensland to market, helping underpin processors’ access to slaughter cattle for the time being, at least.
    https://www.beefcentral.com/process...-as-dramatic-surge-seen-in-saleyards-numbers/

    Indonesia demand will rebound once live feeder steer prices fall below $3 per Kg again in northern Australia - looks highly likely within the next 1-2 months
 
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