Big declines in live export cattle values since January have seen the live export and domestic slaughter cattle market prices for certain descriptions in northern parts of Australia draw closer together than they have been for some years.
As can be seen on Beef Central’s home page Industry Dashboard graphs, there’s been a big plunge in rates on live export cattle this year. Current quotes for lighter cattle ex Darwin destined for Indonesia are 310c/kg, down 80c/kg over the past three months.
Writing in his regular Beef Central column last month, Dr Michael Patching said there was…