WLD wellard limited
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Live Cattle Export Fundamentals

  1. DDMHC
    306 Posts.
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    26/04/22
    16:45
    Post #: 61024912

    MLA, NTLEA launch industry-first Live Export Price Indicator

    Beef Central, 26/04/2022


    https://www.beefcentral.com/live-export/mla-and-ntlea-launch-industry-first-live-export-price-indicator/

    - Australia's cattle herd has been rebuilt post drought
    - Live export prices are now declining in Australia (post the wet season)
    - It is cheaper and arguably more humane to transport cattle from NT to Indonesia on WLD ships than from NT to the processors in SE Qld in trucks
    - It is cheaper to feed young cattle and manufacture beef in Asia than in Australia
    - Demand for beef is growing rapidly in China-Asia and local production is declining
    WLD Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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0.003(8.82%) 		Mkt cap ! $19.65M
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