Beef market report: Weekly beef cattle intake passed 33,100 last week

There is very little change evident in the trade for finished cattle at beef factories this week.

With strong supply levels continuing, there is no pressure on processors to pay extra for stock, and a weaker export trade also offers them the platform upon which to resist farmer demands for better prices.

Base prices on offer for steers remain at 375-380 cents/kg, with agents apparently under instructions to lean more towards the lower end of the price scale this week, if possible, without leaving the cattle behind them in the sheds.