Beef: The stand off between farmers and processors looks set to kick in through November, particularly for bulls. The money for bulls this week has held largely steady at $5.10/kg, although the range drops to $4.90/kg.
There are a steady flow of prime cattle coming forward, having finished better than bulls through the winter. Money for these has largely held up at $5.40-5.50/kg.
Lamb: Lamb schedules look set to fall from next week onwards. While theoretically there is another week before the last Christmas trade boat leaves, the supply of old season's lambs has many East Coast plants full.
The volume of old season lambs being supplied this late has surprised many processors, and there is some pressure to find space before teeth cut.
New season's lambs are still few and far between. The money this week for lamb was between $5.90-$6.30/kg regardless if old or new season.