IN A sign of the times, the National Livestock Reporting Service has extended the bottom limits in its saleyards price reporting to account for the current dramatic livestock price plunge.
From today, NLRS is reporting saleyards cattle sold from 10c/kg liveweight in all market reports, adjusted from a 50c/kg liveweight lower-limit earlier, to align with current market conditions.
In a message to users, NLRS said the measure was taken to ensure the service “continued to deliver accurate market reporting and coverage of the market conditions.”
“We’re doing it to ensure we capture…
