High end of beef market starts to harden as grid pricing returns

A clampdown on the increasing number of cattle going through the factories in recent weeks on 'flat' prices is reported to have been hot on the head this week, and most of the factories are offering quotes 'on the grid' only
High end of beef market starts to harden as grid pricing returns

This is a four-day working week for the factories, with Good Friday out and the Easter Monday holiday making next week similar, but the plants are showing no interest in securing a higher intake on the operating days.

The factories are maintaining a harder line on prices for stock this week as they continue to tighten on the higher returns to producers.

The determination to enforce a "cooling off" has hardened, but the experts maintain it is more about a "market price correction" than any downturn in the trade forward, insisting that the outlook remains positive for the coming months.

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