Blog Post

The Bullock Index: Cattle prices versus school fees, diesel, barbed wire and utes over time

“The Business of Beef ” is a regular series produced by the Bush Agribusiness team for Beef Central readers. 

 

Rising inflation is affecting input costs right across the board at the moment. The costs of some items today seem astronomical compared to what they were in the past. We all know that old codger who reminisces on the seemingly simple times, where a Toyota Landcruiser Utility set them back less than $5,000 and a pot of beer was purchased with cents not dollars.

Inflation explains most of the changes over time and agricultural input costs increase by roughly the same as…

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