In the past two weeks, The Australian livestock market has experienced a strong start to the year, characterized by high demand for both cattle and sheep, despite some price corrections due to high summer supply, heat affected sales and public holidays.
After a very strong start to January, prices have dipped slightly in the last week with the Eastern young cattle indicator losing 21 cents to open at 840 c/kg carcass weight.
Heavy Angus Feeder steers currently reaching as high as $5.10 delivered to the feedlot.
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