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Cattle prices down, but supplies tight
date:Aug 15, 2012
In Q2, Rabobanks Global Cattle Price Index dropped 7% from Q1 levels, which analysts said was driven mainly by weaker demand and a stronger US dollar. However, they added that the downward pressure on prices wouldultimately be balanced against reduced supply, as cuts in North American grain-fed meat production take hold.

For Q3, analysts predicted that production in countries in the Southern Hemisphere such as Brazil, Australia and Argentina would increase due their pasture-based systems, w

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