Welcome to 2021! After a rough 2020, we're optimistic that better days are on the horizon.A quick note about market conditions...
U.S. live markets continue to slump ~15% as processing capacity remains strained but we see current market conditions as an opportunity to buy in quality breeding stock at a discount. Our model predicts increased packer throughput in the second half of the year creating a more competitive stocker environment in 2022.
The same model points to a frothy Australian market, a bumper growing season has further boosted record high prices setting us up for a pull back in the March to May timeframe. Current stocker prices in conjunction with a strengthened Australian Dollar will challenge export orders over the medium term.Now onto the update,
if you haven't already, head to the app store to make sure you're on the latest version
. While these are just a few highlights, refer to the changelog
for the full list.