FEEDER cattle prices have come under considerable pressure during the opening stages of 2023, with both paddock trading and saleyards channels exhibiting sharp rates of decline.
This continues a trend seen during the closing stages of 2022, as highlighted in this earlier Beef Central article.
Bids in the southern Queensland market for flatback heavy feeders this week are around 390-400c/kg, with some bids below 390c. That’s back from around 420c/kg in early-mid December last year, and 460-480c/kg only a few months before that.
It means many heavy feeders have now lost close to $450 a…
