Marginal gain of 10 cents/kg since March has been retained

The resilience of the processors towards increasing prices for prime beef animals is undermining the pressure from suppliers as the quotes across the board remain disappointing for another week.

Market demand for supplies for the manufacturing and catering sectors continues to be the dominant feature of the beef trade at the factories.

While a strong supply of prime steer and beef animals is undermining pressure from the suppliers for improved prices, the cow trade maintains its position of strength despite the increase in supply.