S1 E38: Chris Howie and Matt Dalgleish - How will the big rain event impact cattle supply and price?

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 continues to surge to new record highs and torrential rain blankets large parts of eastern Australia. Have we yet seen the peak in young cattle prices? Will the spring flush cattle turnoff in southern Australia pressure young cattle values? Both Matt and Chris are forecasting a softening trend, but market fundamentals among restockers, lotfeeders and processors jostling for scarce young cattle remain buoyant, to say the least.