Factory prices steady as beef finishers push back
The steadier tone to prices was anticipated for May, which is generally a more critical time of the year for the processors to source sufficient intake.
The beef processors have eased their downward pressure on the prices to deliver a steadier tone to the trade for producers this week.
After three to four weeks of 'price adjustment' downward by the factories, the quoted prices for this week are unchanged, and producers are hopeful the blitz on eroding their returns has ended.
