Australian Livestock and Property Agents' association vice-president Patrick Purtle and Elders Emms Mooney Bathurst's Ben Emms discuss the potential impact of United States' tariffs on the cattle market. Video by Simon Chamberlain and Elizabeth Anderson.
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00:00Typical of everyone in this business, they just find a way and get on with it Simon,
00:05so I think they've sort of taken that in their stride.
00:08What will dictate terms from here on in will be the way the grass situation is and that's
00:12going to be very positive, and then the lesser numbers on offer, so that's sort of all
00:17going in the right vein at the minute.
00:18More than anything it puts a bit of uncertainty in the market, but at the end of the day,
00:19Australian livestock prices are governed by supply, and when they're governed by supply,
00:20that's all that matters.
00:21If it's a 10% tariff, it is what it is.
00:22In a month's time it will be forgotten.
00:23The market will not reset, it will just go on.
00:24Yes, it's unfortunate, but I don't think at the end of the day it's going to have any
00:25real long-term impact on Australian cattle prices.
00:51What way wants it to continue to ride?
00:52The cattle market will be gone.
00:53It will be almost gone.