ANALYSIS: It's been a record-breaking week for red meat. How much higher can prices go?
The Eastern Young Cattle Indicator surged again, hitting a new high of 1,031.52 c/kg .
"We've had constant competition between feedlots and the restockers for some time, and that's now expected to continue as we see heightened rainfall through spring." "I think the challenge for any analyst has been trying to pick where the top of the EYCI and NTLI is going, so to me I've almost given up on picking where the price will go," he said.
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