Indications pre-Christmas beef market has peaked
It is the middle of November and the processors are coming closer to having the lion's share of their requirements for the pre-Christmas supermarket trade on their books.
While the beef prices at the factories continue strong, the first signs of a slight tempering of the upward movement are beginning to emerge in the trade this week as supply eases.
Base quotes for steers are ranging from 515-520c/kg. There are a few cents more going for some deals involving larger numbers of quality stock and for regular suppliers, but it is less available in general.
