Blog Post

Weekly kill: Cattle prices continue rapid descent, as labour crisis comes into play

FIRST signs emerged this week that the labour crisis afflicting beef processing operations is having direct impact on cattle prices – for both slaughter and feeder types.

Some Queensland and southern grids have slipped as much as 30c/kg on slaughter cattle this week, on top of earlier hefty drops.

Quotes from competitive Queensland processors obtained this morning have 580-595c/kg on four-tooth heavy grass steer with HGP, and 510-530c/kg on heavy cows. Some of those quotes are back 10c in a week, while others are as much as 30c down, depending on positions the week before.

Central…

Click to check the original article.