Many finishers hit by penalty of up to 22 cents/kg for cattle over 30 months

Beef prices continue to run within the same range as last week at the factories, where it is back to business as usual this week, with a steady flow of cattle coming through the gates.

While the jury is still out as to whether the protest stalled the downward spiral in prices, there is no evidence of any recovery of significance in the trade, from a beef finisher’s perspective.