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Meatworks bleeding as cattle crash through record price milestone

Australia’s meat processors say they are barely hanging on for the ride as runaway cattle prices crashed through another milestone to end the week at a historic high.

The processor warning came as cattle prices, already considered the highest in the world, hit a level even veteran industry players never dreamt possible.

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Brad Thompson was a reporter at The Australian Financial Review

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    Original URL: https://www.afr.com/companies/agriculture/meatworks-bleeding-as-cattle-crash-through-record-price-milestone-20210723-p58cen