THERE’S been a substantial decline in price premiums seen for Angus feeder cattle over equivalent flatback feeders in recent weeks.
While the narrowing trend has been taking place gradually for much of the past six months, it has intensified since early August.
Beef Central first wrote about the decline in Angus feeder premiums in this grainfed trading budget report back on 3 August.
Two key factors are coming into play, supply chain contacts are telling Beef Central:
- There’s been a sharp rise in turnoff in large cattle-producing (mostly Angus) regions in NSW, as pasture conditions…
