Another great Beef Central article. This one highlights:
1. The very large arbitrage between the prices producers can achieve in Brazil versus live exporting to the rest of the world (which is why Wellard's two largest ships are active on this route)
2. The relative high cost of feeding cattle in Australia (2x feed cost, and 5x labour cost)
Like every other industry on the planet, the raw material will find its way on ships to the lower cost producers.
Brazilian lot feeder bullish about live exports
By Stephen Cooke, 22 June 2018
THE re-emergence of Turkey as a major cattle importer has provided a welcome market diversification option for Brazilian cattle producer Andre Luiz Perrone dos Reis. Mr Dos Reis’ diversified farming business includes a 17,000 head feedlot in northern Sao Paolo, which has been built up from just 500 head in the mid 1990s. Most of
https://www.beefcentral.com/live-export/brazilian-lot-feeder-bullish-about-live-exports/
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