Australian cattle on feed in Indonesia. Nutrien was quoting prices of 420c/kg for Brahman export steers ex Darwin in mid-March but with the sliding market prices have since eased below 400c in the second half of March, according to exporters Beef Central has contacted this week.
Contracted rates for northern live export cattle have fallen by more than 20 percent amid relatively limited trade since Christmas.
From 520c/kg mid-December, current pricing indications are being quoted around 400c/kg liveweight ex-Darwin and lower still given the prevailing supply-demand…
