RAIN is the big driving factor in a sharp lift in values in Eastern Australian beef processor direct consignment offers this week, as the industry returns to work after the holiday break.
Many over the hooks offers have lifted 25-60c/kg since closing offers seen in 2023, as the impact of a surprisingly wet December-January take effect.
It should be noted, however, that the difference between this week’s offers and December rates may be somewhat distorted, because a number or large processors withdrew their grids before mid-December, having already booked sufficient cattle for the final…
