Wide price variation revealed in factory returns for R-grade cattle
The supply of cattle to the factories has continued to tighten, with the processors adjusting operations to the lower kill by reducing the number of days per week their slaughtering line operates.
Positive vibes from the processing industry on the trade forward for beef for the year are being measured against the resistance of the factories on improved prices being paid to the producers.
Finishers were given a very positive outlook on prices for the months ahead at some recent information gatherings, sufficient to underpin confidence to the end of 2025.
