No change yet on beef prices at factories but market could turn in mid-year

Quoted prices show very little change, and the supply of cattle to the processors is following the usual pattern of slowly rebuilding after the Christmas wind-down.
This year, all indicators point towards an increase of 70,000-90,000 head in the supply of finished cattle on offer to beef processors, with the final outcome within that range depending on the age at which they are finished.