Blog Post

Weekly Kill: Cattle oversupply continues to pressure prices

DIRECT consignment slaughter cattle offers continue to come under pressure this week, with some Eastern states processors now heavily booked through to the third week in September, and taking space bookings only beyond that.

Adjustments to offers this week appear to be more about operators aligning with their competitors who lowered their own rates earlier, but nevertheless some grids across Queensland have softened another 15c/kg since Friday.

Another large multi-site operator in Queensland, which pulled 10c/kg off its grids the week before, has now ceased quoting altogether – content…

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