Australian sheep, cattle prices slump as El Nino scorches pastures

[1/5] Livestock farmer Angus Hobson stands in front of his cattle on a farm near Delegate, New South Wales, Australia, November 19, 2023. REUTERS/Peter Hobson/File Photo Acquire Licensing Rights

Summary

Companies Cattle, sheep prices plunge about 65% from 2021

Beef exports to drought-hit U.S.…

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