true the wagyu market is a parallel universe compared to the rest . The drop in the cattle market did not just happen it did this in January. At the moment the whole industry is grinding its way through processing many thousands of expensive cattle on feed . An Angus steer last oct 450kg 560ckg same beast today 360-400ckg . Until that gut ache is worked through things will stay a bit doughy . Although the fat cow market which produces 90cl grinding beef to the US is still strong .Last week I saw Angus steers rising 2 yrs make $1800 and a few minutes later 290 kg Angus steer wearers 8 mnths made $1340 , its not the most logical of industry sometimes
AAC Price at posting:
$1.54 Sentiment: Hold Disclosure: Held
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