THERE’S been a sharp change in the supply/demand dynamics in eastern states processing this week.
A number of large multi-site operators from Queensland to South Australia have withdrawn their direct consignment quotes for the time being, confident that they have kill slots covered for the immediate future.
Prior to the suspension of quotes, some Queensland operators had reduced rates by 10c/kg on Friday, taking heavy cows to 490c/kg and four-tooth grass ox to 540c/kg.
Other Southern Queensland operators who still have active quotes in the market have lowered cow offers to 480c (now 20c…