THE sustained slide in slaughter cattle prices has continued unabated this week, as many direct consignment grids knock another 10-20c/kg off an already severely challenged market.
Some processors spoken to for this week’s report have now more or less filled their roster requirements for September, and are taking space bookings only from October forward.
At least two large Eastern States processing plants are scheduling Saturday shifts in coming weeks to try to clear the backlog of cattle.
But that comes at a considerable cost, for two reasons, one processor contact explained.
The first…
