The gap between heavy and light steers looks to be reducing.
From July 2024 through to December 2024 the gap rose from 13 cents to 55 cents, showing strong restocker appetite to trade stock.
However, a seasonally patchy summer has caused the gap to fall about 10 cents a month since December 2024.
For Australian beef producers, comparing these two indicators into traders and restockers appetite for buying a light calf and adding weight for a trade.
Currently, tariffs (20%) are implemented to all Chinese imports into the US and a . . .
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