Original article by Jonathan Shapiro
The Australian Financial Review – Page: 11 & 27 : 26-Jul-16
The Eastern Young Cattle Indicator has risen to $A6.61 a kilogram. Adrian Redlich, the chief investment officer at Melbourne-based commodities hedge fund Merricks Capital, says the Australian beef price index is now at the highest level since it was set up in 1996. He advises farmers to forward sell, as prices are unlikely to stay at current levels for long.
CORPORATES
MERRICKS CAPITAL PTY LTD, AUSTRALIAN AGRICULTURAL COMPANY LIMITED – ASX AAC