Over­sup­ply of plain cat­tle hits na­tional mar­ket

Warwick Daily News - South West Queensland Rural Weekly - - News -

THE beef mar­ket is still strug­gling to find a price base this spring as it con­tin­ues to be buffered by the dry weather and over­sup­ply of light and plain cat­tle.

Price trends across the ma­jor sa­le­yards last week were mixed, the gen­eral rule be­ing firm to mod­estly dearer re­sults for qual­ity cat­tle with weight while any sec­ondary young steers and heifers were dis­counted.

Sup­ply re­mains the big­gest is­sue for the mar­ket.

The lat­est avail­able slaugh­ter fig­ures, for the first week of Septem­ber, put the east­ern states cat­tle kill at 140,000, which is 10 per cent higher than the same time last year.

The dry con­di­tions are re­flected, with the fe­male cat­tle kill track­ing 21 per cent higher in NSW.

In Queens­land the fe­male kill is up 34 per cent on a year ago.

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