CURRENTLY at opposite ends of the drought/recovery cycle, a yawning gap has emerged between slaughter cattle prices in the United States and those in Australia.
When measured in Australian currency, c/kg terms, the price gap has never been wider over the 12 year period covered in the graph below – published as part of Meat & Livestock Australia’s mid-year Industry Projections report.
As highlighted in this earlier article published last week, US cattle prices have soared to record levels over the last few months, as supply hits the wall, following last year’s (and continuing into…
