By ANGUS CHADWICKAJF Brien & Sons
The cattle market has certainly lost a bit of steam over the past couple of weeks, with the softer trend becoming more noticeable at saleyards across the eastern states.
After months of strong prices, it appears weight of numbers, tightening seasonal conditions other macro-economic and geopolitical impacts are creating the revaluation of stock.
Offshore, both the wars in the middle east and Russia and Ukraine are driving inflationary pressures to supply chains that doesn’t help the economics stack up.
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