AU Cattle prices recover
AUSTRALIA - Cattle prices have made a slight recovery as supply tightens across the country.
6 November 2006
1 minute read
But there is a big discrepancy between livestock yardings and the number of both cattle and sheep being slaughtered at abattoirs.
Peter Weeks from Meat and Livestock Australia says many buyers who have enjoyed good patchy rain are still buying stock or choosing to grain feed.
"We're seeing yardings about 30 per cent up year on year both for cattle and for lambs at the moment," he said.
"And yet the slaughter side only up about 5 per cent for both.
Source: abc.net.au
