THERE’S been a big turnaround in slaughter cattle supply dynamics this week, as cattle country starts to dry out after earlier persistent rain.
Bigger saleyards yardings across eastern Australia early this week have been met with generally lower prices for slaughter types, as a widely-anticipated surplus of cattle starts to emerge. Some yards this morning recorded results as cheap as those seen during the mini-slump before Easter.
For many Eastern states beef processors, this week’s kill rosters are made up heavily of carry-over cattle delayed due to earlier rain. Some should have…