Beef market report: Still difficult to get much more than 390 cents/kg

Beef prices at factories have continued to gradually harden this week but vary across the country, while cattle supplies remain generally tight.

The base price on offer for steers continues to be quoted at 385-390 cents/kg.

The percentage of the supply being purchased at the higher end of the price range appears to be increasing week-by-week, with more sellers successfully negotiating for top-ups above the base line.