As I have said a while ago Rain (or lack of it)imo has been a factor for both grass fed beef and feedlotters (high grain prices).
With recent good rains especially in Vic I think there is more optimisim among the producers.
They will be able to hold their herds for the time being (Possibly building up their herds a little after the drought) which will create less availability and higher prices.
This is just my opinion.
As I have said a while ago Rain (or lack of it)imo has been a...
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Last
$1.41 |
Change
-0.010(0.71%) |
Mkt cap ! $846.8M | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.42 | $1.39 | $96.82K | 69.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4516 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 2307 | 1 |
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| AAC (ASX) Chart |