No joy for producers on price

Marts: As expected, beef processors did not bring any joy to the trade for producers on prices yesterday when they resumed slaughtering following the holiday week.

Quotations for the week are in line with last week or a fraction under, depending on location and the supply situation.

Up to 235 cent/kg (84p/lb) is available for good quality R grade cattle, but most of the factories in the south are offering 229 cent/kg (82p/lb), although some supplies which had been purchased in advance have cost them slightly more than that.