The slaughter cattle market remains firm

The factors driving the slaughter cattle market have not changed, so conditions are the same as last week: strong demand across all categories and moderately higher prices.

Firm international conditions combined with excellent weather keep demand intense while sellers feel no pressure to move stock.

Prime steers are selling at US$ 4.65 4.70 per kg carcass weight and cows up to US$ 4.50, although most cow business is around US$ 4.40. Demand for heifers is also brisk at US$ 4.55 4.60.

Bookings are short—usually five to seven days—but gaps in slaughter schedules often lead to loads being collected just two days after the deal is struck.

As the 481 quota window closes, plants devoted to that program will return to the market for grass finished cattle. The arrival of kosher teams is likewise boosting demand for heavy animals. The outlook is for a firm, buoyant market in the days ahead.