*Please note prices shown above are final prices paid inclusive of VAT @5.4%
Beef Factory Prices
Beef processors have wiped a further 3c/kg off their base quotes for both steers and heifers being supplied to their plants this week.
This is the fourth consecutive price cut to beef in as many weeks.
In response to the recent decline in beef prices, many beef farmers have opted to bring their animals to local marts.
Beef Factory Volumes
As of the week ending October 15th, 2023, the total number of cattle processed in beef plants amounted to 1,381,842 head, reflecting a 3% decrease when compared to the same period in the previous year.
Farmers should try and resist lower price offers from factories to buy cattle and consider selling their livestock either through the mart or by advertising them online.
See some of our latest cattle listings here across conventional, organic and pedigree cattle. You can post your free cattle listing today on our platform with no hidden fees or charges.