Welcome to our first newsletter for 2016.
The dominant conversation over the summer has been the incredible strength of the cattle market, lifting to levels we have not seen. Is this a structural change or a market peak?
The lift in profitability is welcome. The value of the livestock inventory has also increased, farm equity has improved, all good. There is however a hidden cost.
The opportunity cost to hold livestock has increased, holding unproductive livestock has become more expensive.
As it is the time for New Year resolutions I have a suggestion. Have you checked your trading accounts? Our support staff are more than happy to spend time to assist you in updating and maintaining your trading accounts