Drop in bullock prices continues

Marts: The drop in bullock prices continued at yesterday’s sales, with tougher trading and lower prices at all centres.

Poor grass growth and harsh weather is contributing to an easing of the trade, but concern about beef prices later in the year has also become an important factor which is beginning to affect the prices for most classes except the near finished animals.

While the quality medium weight bullocks and heifers are showing a drop of 10-30/head, plainer cattle and particularly those with poorer grading potential have slipped 50-70/head over the past 10 days.