WHILE better than earlier this year, trading conditions for beef processors remain at around a $300 loss per animal slaughtered, the latest Thomas Elder Markets margin model calculation suggests.
Some factors are going in processors favour at present, while others are going against them, TEM’s latest processor margin model indicates.
The annual average loss for 2022 year to date sits at $319 per head and the trend so far this year is closely matching the pattern set in 2021 (see graph).
After hitting a loss per head of $321 in March, the model has seen margin losses ease toward $300 per…