Beef prices: Breed bonuses paying off at just the right moment

Breeders and finishers are reaping the fruit of 20 years of positive marketing by Hereford Prime and Certified Angus promotions.

While the pace of increase in beef prices at the factories has eased, trade remains steady, and the demand for all categories of stock continues solid as a rock.

Base prices being quoted for steers and heifers are averaging 90-100 cents/kg higher than a year ago, while the prices on offer for cows show upward movement of up to 120 cents/kg on early February 2022.