‘Mexicans’ from south of the border competing for Queensland slaughter cattle continue to add competitive tension in the northern slaughter cattle market this week.
Most Queensland processor grids have shifted higher again since yesterday, as a phalanx of Victorian meat processors continue to source cattle out of more northerly regions – albeit with a 40-50c/kg freight bill attached to get them home.
It’s reflective of the desperate shortage of slaughter cattle in southern Australia presently, forcing meatworks buyers to roam much further north to try to protect beef supply…