Young bulls overtake steers as prices fall back

Young bulls overtake steers as prices fall back

Most suppliers feel that they are losing around five cents per kilo in their pay cheque from two weeks ago.

The beef processors have tightened their grip on the purse strings this week when it comes to buying finished cattle for slaughter as supply reaches a year-to-date high.

"They've cut them. I suppose that they are happy that they are going to get them now", summed up one supplier unhappy with the offer received from his regular processor.

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