THE dry weather

The Northern Star - Northern New South Wales Rural Weekly - - News -

looms as the big­gest threat to beef prices and cat­tle de­mand in the short-term.

Mar­kets in the lead-up to Easter did vary and na­tional sa­le­yard price in­di­ca­tors all eased, al­beit on lim­ited num­bers as the in­dus­try pre­pared for the hol­i­day break in pro­duc­tion.

With lit­tle rain be­ing fore­cast for early April, the young cat­tle mar­ket has felt the im­pact of big­ger sup­plies and wan­ing in­ter­est from re­stock­ers.

The East­ern Young Cat­tle In­di­ca­tor closed at 540.25c/kg car­cass weight be­fore Good Fri­day, mark­ing a slip of 4c/kg for the dis­rupted week.

It takes the EYCI back down to a sim­i­lar level of early March.

Heavy steers also strug­gled to hold their value in the run-up to Easter, with the na­tional price in­di­ca­tor down to 268c/kg liveweight.

Sup­ply ap­pears to be hav­ing the big­gest in­flu­ence on the mar­ket.

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