"Hunger" among processors to get beef cattle stocks
Base prices for both steers and heifers have strengthened by 5-10c/kg in a push by factories to source sufficient stock to fill their pre-Christmas orders.
The finishers who held back cattle for additional feeding over recent weeks are being rewarded with higher factory prices as processors come under more pressure.
Base prices for both steers and heifers have strengthened by 5-10c/kg in a push by factories to source sufficient stock to fill their pre-Christmas orders. In the northwest, the base for steers and heifers within their preferred weight range has increased to 530c/kg and 535c/kg, respectively.
