WITH cattle prices sitting at a four-year-low, industry analyst Matt Dalgleish has taken a deep dive into the numbers back to 1960s to see whether the market is still in a “normal” cycle.
Prices have been generating plenty of discussion this month as the benchmark Eastern Young Cattle Indicator has gone below 400c/kg carcase weight for the first time since 2019.
At considerable effort, Mr Dalgleish, co-founder of independent analysts EP3, has taken EYCI (and earlier) livestock price figures over the past 50 years and adjusted them for the Consumer Price Index, a quarterly measure of…
