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.
beef price still 20 pct lower than last year
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Last
$1.36 |
Change
-0.025(1.81%) |
Mkt cap ! $816.7M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.40 | $1.36 | $294.5K | 213.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5899 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 25114 | 3 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| AAC (ASX) Chart |