Current livestock market supply dynamics are reminiscent of the early 1990s, Beef Central’s Weekly Grill podcast which aired last Friday was told.
“We are just having an old fashioned 1990’s period supply glut,” RMA general manager, Chris Howie, explained to host Kerry Lonergan.
“… we have got all of those cattle that came out of the Top End and went into the channel country, they have been there for two years now, now they’re starting to come out.
“So we have just run into the perfect storm, we have got overseas demand but…