DIRECT consignment slaughter grid offers from processors have continued to deteriorate rapidly this week, falling another 15-20c in places as processors seek to better align with competitors, in an end-of-year market now approaching over-supply.
With just four weeks remaining until the traditional Christmas-New year plant closures, supply and demand is now starting to fall out of kilter, with some Queensland operators taking space bookings (no price included) for early 2023 kills, as their remaining rosters for this year fill up. Some northern grids have now fallen 40c/kg or more in a…