Blog Post

Weekly kill: Grid prices continue to descend, but processor withdrawals make movements less clear

THE recent trend in direct consignment slaughter cattle price declines continued this week, however price signals are now becoming less distinct, because some large northern operators have now withdrawn quotes altogether, knowing they have kills covered until well into August.

Several large multi-site Queensland operators dropped their rates another 15-30c/kg on Friday, but a growing number have since removed their offers from the market, content that they have secured supply until at least the send or third week in August.

In a falling market like this, now are prepared to offer prices…

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