Finishers under pressure from weather and factories
Suppliers reported that most of the factories were accepting that they had to pay up to 515 cents/kg to get the cattle numbers required but it had become harder to tie down than last week.
Beef finishers are finding themselves battling the processors as well as the weather this week as they feel the pressure from both on their incomes.
As the winter-like weather over the weekend continued to pile pressure on all livestock farmers, the week for beef finishers opened with them having to dig their heels in to resist the pressure from the factories to tighten on the prices.
