The risks of record cattle prices

Questions are being asked on the stability of the new record prices being seen on the eastern young cattle indicator.

It’s surged by more than 58 percent in the past two months, breaking the record set in August 2016, to be sitting at 762 cents per kilogram.

Rural editor Eddie Summerfield caught up with NAB Agribusiness Economist Phin Ziebell:

Listen to the full interview above or Subscribe to the National Rural News podcast: http://bit.ly/RuralNewsPodcast