Positive outlook for cattle prices in 2020

By Angus Gidley-Baird for Rabobank
October 26 2016 - 2:00pm
Rabobank expects cattle prices out to 2020 to be higher than the previous five-year average. The outlook accounts for the fact current record breaking cattle prices are unsustainable and will need to adjust down.
Rabobank expects cattle prices out to 2020 to be higher than the previous five-year average. The outlook accounts for the fact current record breaking cattle prices are unsustainable and will need to adjust down.

What is the Australian cattle market going to look like in five years’ time? A question that would be on most producers’ minds as they turn to rebuilding their herd. With cattle still at extremely high prices – some of the most expensive in the world – this question is even more pertinent given what that investment will look like in five years’ time.

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