Weekly kill: Grid prices continue to descend, but processor withdrawals make actions fewer obvious

THE modern trend in direct consignment slaughter cattle price declines ongoing this week, nevertheless price tag indicators are now turning into fewer unique, due to the fact some substantial northern operators have now withdrawn quotes entirely, understanding they have kills covered until effectively into August.

Various large multi-internet site Queensland operators dropped their charges yet another 15-30c/kg on Friday, but a developing amount have considering that eradicated their delivers from the current market, written content that they have secured offer until eventually at minimum the mail or 3rd 7 days in August.

In a falling current market like this, now are well prepared to supply charges far more than a few weeks out.

Most recent energetic estimates for kills in the large focus of operations in southern Queensland had cows now at 625-635c/kg and significant 4-tooth grass steer at any place from 680-695c. That signifies a fall of 65-75c on cows, and 90-100c/kg on grass steer, considering the fact that the heights of the industry earlier this year (see today’s different report in the current cattle cost movements).

Central Queensland processor features are 10c/kg at the rear of people costs, and North Queensland 25c/kg because of to freight differential.

Southern states processors have also reduced immediate consignment fees this 7 days, irrespective of the seasonal lull in source. 1 significant company’s features are back again 20c/kg from former prices.

Labour troubles, equally for a longer time-expression lack of staff and shorter-expression thanks to COVID and flu sickness continue to plague processors from Victoria all the way to Central Queensland, Beef Central was informed.

Absentee degrees vary day-to-day, but up to 50 workers have unsuccessful to exhibit up for do the job at one particular substantial Queensland plant this 7 days.

That is in convert more congesting out there place for slaughter, which is only probably to worsen the existing price tag effect.

The start out of the new economic yr had brought on a elevate in offer, as producers averted an further tax burden by offering additional cattle late in the past monetary yr.

Likely strongly in opposition to the latest retail outlet sale value trend, this morning’s weekly Roma store sale was The start out of the new fiscal 12 months has also activated a raise in supply, as producers avoided an extra tax load by offering extra cattle late in the previous monetary 12 months.

explained by 1 common participant as fully company (the cow supplying was however to sell at that stage) in a yarding of all over 3500 head.

1 obvious cause was the arrival of two large southern processor operators, with G&K O’Connor operating strongly on the bullock presenting and Midfield on the cows, encouraging assistance price ranges.


  • There was no NLRS weekly Tuesday kill report available by the time this merchandise was posted. A summary will be additional below later on.