IT’S taken seven months, but for the first time this year, some export beef processor direct consignment grid offers have shown a 5-10c/kg uptick in prices offered this week.
Markets have shown a gradual and persistent down-trend since beef processors returned to work in January, coming off the record highs seen last year.
But most competitive export processors in Queensland this week have lifted their rates 5-10c/kg on slaughter cattle.
There’s several reasons in play, discussions with trade sources suggest:
- Recent rain across parts of Queensland and NSW has reduced pressure to…