Blog Post

Weekly kill: Big tax bills may slow June cattle supply

TAXATION issues for beef producers after a financial year of record high livestock prices may contribute to a slowing in slaughter and store cattle marketing during June, some beef processors anticipate.

Processors told Beef Central this morning that conversations with suppliers suggested that tax management issues would come into the equation for some in 2022 – more than any other year in memory. Further income generated between now and the end of the financial year would only add to an already considerable tax burden – and it could be quiet for store sales, as well as finished…

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