Cracks in the drought look good for young cattle prices

By Angus Brown
October 20 2018 - 8:00am
FIGURE 1: 90CL vs EYCI. It’s hard to see the EYCI getting back to the 2016 premium over 90CL without very widespread wet season rain. However, getting back to parity with the 90CL would add 15pc to the EYCI and see it back at 550¢. 

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FIGURE 1: 90CL vs EYCI. It’s hard to see the EYCI getting back to the 2016 premium over 90CL without very widespread wet season rain. However, getting back to parity with the 90CL would add 15pc to the EYCI and see it back at 550¢. ​

There is always a risk when looking at where prices might go if the drought breaks.

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