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Technical Analysis #C-FCATTLE : 2015-12-21

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 21, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Number of cattle heads is falling in Australia Two major Australian beef producers, Teys and JBS SA, reported they are cutting the working hours of their factories and staff. For three years they have been working round the clock. Now the number of cattle heads is falling in Australia. Will the beef prices edge up? For the recent three years 30mln cattle heads have been slaughtered in Australia and the livestock has fallen to the 20-year lows, according to the Meat and Livestock Australia

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