THE dry weather
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.