More cattle trigger market weakness

THERE was more cattle available to factories over the past week, and with markets quiet, weakening in factory prices is continuing.

While most factories have quoted unchanged prices for this week, a minority dropped their quotes by 3 cents/kg (1p/lb) and others were not guaranteeing Monday’s prices for the remainder of the week.

In the south of the country, the prices are generally 241-229 cents/kg (86p-82p/lb) for R/O grades, with some exceptions, where they have dropped 3 cents/kg on each grade.