Tighter supplies of stock for factories boosts trade

Tighter supplies of stock for the factories has boosted the trade for the opening days of the new year, with an all round improvement in the prices on offer for cattle.

Despite the strong intake during the final weeks of 2012, demand for cattle the factories opened very strongly when the beef business returned to normal this week, with factory agents busy in all areas of the country.

The quoted prices are improved by 15-20 cent on pre-Christmas, and farmers are in a strong position to secure above the quoted prices for stock this week.