Cattle prices inch ahead in strong beef market

There has been further slight hardening in beef prices at factories this week, with improved quotes for both steers and heifers across the country.

For the steers, 400 cents/kg has become the norm as a base, with some farmers negotiating up to 405 cents/kg, and occasionally a shade more, before agreeing to part with their stock.

Heifers are generally quoted at a premium of 5-10 cent/kg more than steers, giving a base of 410 cents/kg in general, and up to 415 cents/kg is being achieved.