EVIDENCE of an upswing in saleyards prices for young cattle and occasional slaughter descriptions has not transferred into direct consignment grid price movements since this month’s rain across parts of NSW, Queensland and Victoria.
There’s been a marked lift in young cattle values via the saleyards system, as evidenced by yesterday’s report on a 50c/kg dressed weight rise in the Eastern Young Cattle Indicator since late October. Much of that was coming off a very low base, however.
Likewise, there have been isolated lifts in some slaughter cattle prices over the past seven days,…
