THERE’s been another 15-20c/kg lopped off most direct consignment slaughter cattle offers across eastern Australia this week, as heavier livestock supply pressures the finished cattle market.
This week’s blast of sub-arctic conditions, delivering first frosts and even snow, and damaging pasture quality in many areas, has contributed to the rapid rise in numbers being pushed to market. That applies in both the saleyards and direct consignment channels.
Sub-factors in the latest price movement include a softening in some international beef markets as the A$ rises a little (up US1.8c in…
