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Market Insights | Can red meat farmers bank on record prices?
Published 2 months, 3 weeks ago
Description
AgriHQ senior analyst Mel Croad says red meat farmers looking at the sector’s current high prices are still trying to determine how far into the future they can bank on them.
Having seen prices boom, then bust before, many are seeking confirmation the sector is experiencing a structural upward shift in prices that they can bank on for making longer term farm business decisions, including whether to increase breeding stock numbers.
Having seen prices boom, then bust before, many are seeking confirmation the sector is experiencing a structural upward shift in prices that they can bank on for making longer term farm business decisions, including whether to increase breeding stock numbers.