THE encouraging surge in slaughter cattle prices since processors retuned to work this year has continued this week, with many direct consignment grids lifting another 10-30c/kg since Friday.
However producers have largely been slow to respond, with plenty of green feed in the paddock meaning there is little compulsion to sell, and a sense that the cycle has further to run yet, as cattle gain weight.
Added to that is the fact that many processors started the year with an empty book, not prepared to secure cattle late last year for kills in January. That’s only heightened the appetite to…
