Ag Answers has released the August Cattle Update and after record breaking prices and tight supply in 2016, the report shows the Australian cattle industry is now sitting in a position not seen since 2014, with prices dipping below those seen one year ago and slaughter beginning to trend higher.
Beef exports for the year to May are trending below 2016 with volume down 11.8%. However a 2.8% increase in the dollar per tonne value has meant the value of exports is only 9.1% lower.
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