Markets

Correction: Fed cattle forward contracts

Beef Central, 07/12/2023

YESTERDAY’S article Feeder steers surge a dollar a kilo in a month, contained an incorrect date referring to forward contracts for 100-day grainfed slaughter cattle next year.

The original version of the article (since corrected, with an editor’s note) incorrectly suggested a forward contract price of 580c/kg related to April 2024 delivery cattle offered by Queensland grainfed processors, when it should have been March delivery.

The industry contact we spoke to for the article accidently referenced the wrong month during the conversation.

No 100-day grainfed forward contracts have yet been issued for April, as far as Beef Central is aware.

Apologies for any confusion.

 

 

 

 

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Comments

  1. Marcio silva, 09/12/2023

    Very good information!!!πŸ‘πŸ½πŸ‘πŸ½πŸ‘πŸ½πŸ‘πŸ½πŸ‘πŸ½

  2. Ray Johnstone, 09/12/2023

    Is there any grain fed steer contracts available in WA? Ray

    With the possible exception of Woolworths and Coles contract holders, we’re not aware of any, Ray. The grainfed industry in WA operates somewhat differently than in the east. Editor

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