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Cattle prices in Australia are forecast to rise due to a shortage of cattle and high global demand.
Cattle prices in Australia are expected to rise over the next six months due to a shortage of slaughter cattle in the southern regions and strong global beef demand.
This shortage is driving buyers from Victoria to Queensland, creating competition and pushing live export rates for high-grade Brahman feeder steers to Indonesia up to $3.70 per kilogram by the end of the year, potentially reaching $3.85.
Analysts predict price increases across all cattle categories, including Angus cattle, due to limited supply and increased demand.
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Se pronostica que los precios del ganado en Australia aumentarán debido a la escasez de ganado y a la alta demanda global.