![]() Historically, what’s happened in the past is that when the Bos Indicus end of the feeder steer market gets hammered like this, one or two grainfed players come out and ‘make the space their own,’ exploiting the value that’s present. Bos indicus cattle out of the north were being quoted at 420c/kg, at the time when flatback feeders were still making 470-480c. ![]() While all feeder categories have fallen dramatically since around October, the trend on indicus types represents a precipitous drop of around 220c/kg in 12 months, worth almost $1000 on a 450kg steer.įor periods just before Christmas, when the market really started to turn, the spread between flatbacks and indicus types blew out to as much as 50c/kg, Beef Central was told. This time last year, good flatback feeders were making 540-550c in Central Queensland, and maybe 530c/kg for a run of Brahman types showing some hump. Up until the later stages of last year, the price spread between those Brahman types and flatback feeders was often only 10-15c/kg, he said. In the feeder market, there’s a difference of at least 40c/kg liveweight evident now between Brahman feeders (+50pc content showing some hump) and flatbacks of similar age, weight and condition.įlatback heavy feeders being sold in Queensland this week were making around 360c/kg, while higher indicus types were between 305-310c and at best, 320c, one supply chain manager said. THERE’S been a big shift in pricing distinction in feeder and slaughter markets between Brahman-type cattle carrying some hump and flatback animals, since cattle supply started to improve late last year.
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