Farmers have been left counting the costs yet again. Over the years, farmers slaughtering cattle in June were able to achieve better beef prices. However, it has not been the case this year, with cattle throughput running ahead of the norm for this time of year.
Prices for steers are at 380c/kg, while base quotes for heifers stand at 390c/kg. However, at the top end of the market, some farmers are securing 385c/kg for steers and 395c/kg for heifers.
Beef buyers are starting negotiations with farmers for P-grade cows at the 290-300c/kg mark, with O-grades at 310c/kg. Moreover, R-grading cows are securing up to 320-330c/kg depending on quality.
read the full story – agriland