Processors wrestle to keep control of beef prices
Official data shows beef prices have stalled since February.
The processors of beef are continuing to maintain a tight grip on the prices for cattle for this week, against the odds that intake has further tightened and the markets for beef remain strong.
"There seems to be a determination by the factories not to increase the prices even though we are all aware that they are hunting for cattle, but they don't want to pay more for them if they can avoid it," was one summary which fairly accurately analysed this week's trade.
