Beef on a tightrope between sufficiency and oversupply

Close up of a half beef chunks fresh hung and arranged in a row in a large, lights fridge in the fridge meat industry. Horizontal view. Beef prices

Producer resistance to further reductions in the beef prices at the factories is against the processors' intent to trim the returns by another 5-10c/kg.

While the factories are walking a tightrope to balance price cuts with maintaining intake, the finishers are also under pressure to keep cattle moving at higher prices and fears for further weather deterioration.