AAC 0.71% $1.39 australian agricultural company limited.

beef price still 20 pct lower than last year

  1. zwu
    2,452 Posts.
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    http://www.cattlenetwork.com/Content.asp?ContentID=224389

    In the 2nd table of the above article, you can see various beef prices are about a few percentage lower than last year's in the US$ terms (but the corn prices are much higher).

    As the AUST$ - US$ exchange rate now is about 17% higher than a year ago (jumped from ~US$0.82 to ~US$0.96), so the beef prices are still ~20% lower than last year in AUST$ terms.


 
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