Episode 22: Chris Howie and Matt Dalgleish - EYCI at 1000c/kg - Have we hit the top of the cattle market?
In this week's episode of The Weekly Grill podcast series, host Kerry Lonergan turns up the heat again on StockCo's Chris Howie and Thomas Elder Markets' Matt Dalgleish, as the Eastern Young Cattle Indicator this morning crashes through the magical 1000c/kg barrier for the first time in history.
Have we yet seen the peak in young cattle prices? Both Matt and Chris are forecasting a softening trend between now and mid-September, but market fundamentals among restockers, lotfeeders and processors jostling for scarce young cattle remain buoyant, to say the least.
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