This year's Australian Cattle Annual Review has been released and forecasts cattle prices will ease during 2018 before stabilising at a level higher than the five-year average.
The Review finds that despite the Eastern Young Cattle Indicator (EYCI) averaging almost four per cent lower than the record high cattle prices recorded across all states in 2016, domestic and export demand for beef remains strong.
Disclaimer: Whilst all care has been taken in compiling the information, the information should not be relied upon as substitute for professional advice where necessary. Rural Bank accepts no responsibility for the accuracy, completeness or timeliness of the information and disclaims all liability in relation to any loss or damage suffered by the use of or reliance upon any information contained herein or in any attachment or annexure hereto by any person. Rural Bank – A Division of Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL 237879