NLRS feeder steer price trend – July 2021 to July 2022
FEEDER cattle prices continue to head south at a rapid – some might say alarming – rate, buffeted by a series of headwinds created both within, and outside Australia.
While it had started a little earlier, the trend has become much more extreme since the end of June.
The NLRS graph published here displays the past 12 months’ price history for feeder steers (feedlot buyers only) operating through NLRS-reported saleyards.
While the drop is perhaps amplified by the fact that some purchases in this category are domestic and…
