Stability persists as EYCI edges back above 600c
US showing signs of herd rebuildOn processor margins, Mr Koch said all eyes were on the United States, with signs of a herd rebuild starting to show. The US has been in a drought-induced herd liquidation for the past three years, which has been competing with Australian export markets.He said the US market can turn from Australia’s biggest competitor to its biggest customer when its production starts to fall and it starts to rely on imports.
https://www.beefcentral.com/markets/market-stability-remains-as-eyci-jumps-back-above-600c/
Stability persists as EYCI edges back above 600cUS showing signs...
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