Livestock Focus: Market awaits response to August price cuts

Beef processors have increased the pressure on cattle finishers this week by challenging any expectation they had of stable prices being maintained into the autumn, writes Martin Ryan.

Miracles are rarely experienced in beef farming, and the seasonal norm of reducing prices to match the higher autumn supply appears to live on, with cuts across the board to coincide with the arrival of August, although there has been no surge in supply yet.