date:Mar 06, 2014
cover from the current drought assuming a return to normal seasonal conditions although results varied by sector.
As a result of the current dry conditions, beef cattle sale-yard prices are expected to fall to an average of 290 cents per kilo in 2013-14, 18 per cent lower than the 10-year average sale-yard price in real terms, Ms Gleeson said.
Assuming normal seasonal conditions, beef cattle prices are forecast to rise by 12 per cent in 201415 and to continue rising in real terms out to 2016