Weak market demand for bull beef

Marts: A sharp increase in the supply of bull beef to the factories this year is meeting with a poor trade in weak market demand for the product.

The weekly supply of bull beef to the export plants is more than double that of the same time in 2003 and a number of the factories have advised that they are not interested in bull beef “because of the market situation.”

The number of young bulls being slaughtered at the export plants has now exceeded 3,000 head per week, compared to around 1,400 head per week this time two years ago. In 2001 the weekly kill for June was around 1,000 head.