It's vital farmers left with realistic profit
All's well that ends well, or so they say.
If we could just slightly change the wording to "all's well that begins well" then the year ahead would look fairly okay from a beef farmer's perspective.
This is because I have heard of grid prices of 420c/kg for underage and overage heifers, with up to 426c/kg flat having been mentioned also.
It is vital that farmers who fed on cattle to this stage, and indeed for the rest of the spring, do get a price that will leave them a realistic profit.
For farmers who had to go out and buy those cattle as stores, and paid top dollar for them, it is imperative that the factory price reflects all the money invested to get the stock to slaughter stage.
The higher cost of inputs, such as meal, diesel and electricity, should also be reflected in the price.
As ever, the quotes and prices differ significantly with some plants worse than others. Regardless of what you are being quoted, just keep in mind before you agree to sell that farmers have bargained for and secured the aforementioned grid price of 420c/kg for heifers, 410c/kg for the steers, with a mix of R and U grade bulls making 420c/kg also.