date:Dec 17, 2012
In November, Rabobanks Global Cattle Price Index dropped 2% from Q3 levels. This was mainly driven by the decline realized in Brazil, Australia, Argentina and Canada, which more than offset the rise seen in the US and New Zealand.
The strengthening of the greenback against many currencies combined with weaker demand across many important countries has also contributed to the downtrend in global cattle prices denominated in US dollars. In a year-over-year comparison, the Index is beginning De