Moving cattle the priority this week

THE supply of cattle to the factories was very strong this week, turning the trade into a buyers’ market, eroding any farmer resistance to price cuts which were made across the board for this week’s kill.

Heavy rainfall had reduced grass quality, and pushed farmers to lighten stock levels on the land.

This has taken precedent over price through the early days of this week, with very little, if any, resistance to a further cut of 3 cents/kg (1p/lb) in beef cattle prices this week.