Cattle producers are being warned prices may drop slightly further over the next 12 months.

Australian exports to the US are up 60 per cent and to China up 35 per cent in the past year, but overall prices are around 40 per cent lower than the highs of last year.

Rural reporter Ella Smith spoke to Rabobank senior animal protein analyst Angus Gidley-Baird about what the global market is doing, and how it’s affecting Australian producers.

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