Ripley Atkinson
A FORWARD pricing curve for the Australian cattle industry is not showing much of a curve, with the company behind the trading tool predicting prices to remain steady for most of this year.
For the past two years, United States-based financial services company StoneX (formerly FC Stone) has been working to develop a forward pricing tool the Australian cattle industry.
It released its Australian Feeder Cattle Swap in February 2022 and executed its first cattle trade later that year. Since then, the company has been onboarding clients and trying to firmly embed the swap in…
