Beef market report: Beef market steadier as intake slips under 30,000

There is a steadier tone to the beef trade this week at factories, where the slide in quoted prices has come to a welcome halt.

The intake of cattle at the plants has also steadied, at just under 30,000 head — enough of a slide to restore some farmer bargaining power.

Within the kill, however, the the decline has been in young bulls, while both steer and heifer supply remains strong.