WHILE some processors’ direct consignment grids in eastern Australia remain unchanged this week, other have shed-off another 10c/kg carcase weight, in the face of challenging international meat trading conditions.
Export meat markets are now weighing heavily on cattle pricing, with consumers across Asia, North America and elsewhere now being more cautious with their discretionary spending, in the face of rising cost of living.
Reports of out China suggest there has been some re-negotiation on beef sale contracts going on this month, as the meat market contracts, which is never a good…
