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Certainly there are bids in the market above that, and equally, examples of saleyards cattle fitting our spec being bought at a lower level, by c is currently Looking for feeder to trade blows. One influence is that there are a now a lot fewer northern higher-indicus cattle heading south to come ttrade feed, partly due to live export pressure and some localised rain relief.
Lpoking In spite of that, there appears to be little or no respite in the amount of custom-feeding currently taking place in those Downs yards that offer a service. This appears to be taking a little competition out of the Queensland feeder market at present.
The trend is clearly evident in the EYCI which closed yesterday at Looking for feeder to trade blows It also appears to be the highest price seen since aroundwhen global grain prices sky-rocketed.
Evidently more spot grain Lookung is creeping into the ration price mix, causing the latest adjustment. The strength in the underlying export meat market, however, certainly appears to have the capacity to support those higher breakevens.
In theory, that would leave our trading budget proposition much closer to breakeven, if not above it. Keep in mind, though, that there was plenty of speculation late last year that finished GF cattle might be in the mids by now, given a decent blowe season, and that tended to push up forward price at the time.
Beef Central's regular day grainfed breakeven scenario is based on a representative standard set of production variables, ex Darling Downs. Bank interest is included.
It is important to note that variations exist across production models feed conversion, daily gain, mortality, morbidity, carcase specification ; from feedlot to feedlot; and between mobs of cattle. Tdade a more specific performance forecast on a given mob of cattle, consult with your preferred custom Horney mat Mumbai India. Save my name, email, and website in this browser for the next time I comment.
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Contributions that contravene our Comments Policy will not be published. Grainfed trading budget blows-out, as feeder and ration prices rise Jon Condon, March 6, Comment Your comment will not appear until it has been moderated. Get Beef Central's news headlines emailed to you.Hot Women Wants Casual Sex Barrow