feed grains in Australia are at rock bottom , we rely on mainly white grains like barley & sorghum as well whereas the inks use Corn . there are many other differences & I have found the comparison with the US to be a tenuous one at best. The biggest difference being processing cost. The fact that Terry Nolan a meat processor is talking the market down is nothing new he is a past master.
*AAC 52 week low 1.13, page-23
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