So what is happening out there with cattle markets re the open border? From what I see a few feedlots are going to get token numbers of fats over the border before the 27th. The fat cattle price doesn't seem to have risen since last week although the feeders have on the limited information I've seen. If the ruling goes in our favour on the 27th well and good - but if it doesn't or the judgement is delayed (which I think most likely) where does it leave producers with fats or feeders to sell? We have 5 market days left before the 27th, the Government haven't got around to lifting the set-aside scheme to my knowledge although cattle have crossed the border.
Is everyone adopting a wait and see policy or are they just unable to move with the current set of circumstances?
Is everyone adopting a wait and see policy or are they just unable to move with the current set of circumstances?
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