Wednesday, May 25, 2016

The basis of Australian cattle prices - the unit price of exported beef.

Australian beef export earnings have climbed in recent years according to quarterly ABS figures. The important thing is what is the unit value or the effective price per kilogram. This in fact is the starting point for working out what can be paid for cattle. We have a lot of figures produced but far too little are actually used to look at vital metrics. The trend is only gradually up over a period of 16 years. They are now under the trend value of AUD$5.50 per kilogram FAS port.

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