Blog Post

Weekly kill: Grids starting to buckle, under the weight of spiralling operating costs and US export pressure

AFTER an unbroken sequence of ten weeks where there was little or no change in direct consignment offers from eastern states beef processors, the first signs of shakey ground emerged yesterday.

One of the nation’s largest multi-site export processors dropped its rates on four-tooth ox and heavy cows in its Queensland operations by 20c/kg. Rates for this company are now 760c/kg on implanted heavy four-tooth steer and 695c on heavy cow.

Three other large competitors are either not quoting this week due to adequate supply, or have left their current rates intact until they assess the…

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