32,000 head per week supply hits beef prices

Strong cattle supplies to beef factories have enabled processors to tighten the prices they are willing to pay this week.

In the beef trade, it can be difficult to find two similar trading seasons, but the age-old economic truth which can always be relied upon is that supply and demand determine price.

It is a long established fact that a strong supply of cattle for slaughter is not a recipe for a high return from processors to cattle farmers.