Meat
MEAT PRICES MIXED
International: New Zealand steers traded 0,42% higher at NZ$473/head and cows traded the same at NZ$298/head. US prices were mainly lower: topside was 4,35% lower at US$238,85/cwt, rump was 3,74% lower at US$290,28/cwt, strip loin was 1,23% higher at US$518,81/cwt, chuck was 0,39% higher at US$268,08/cwt, and brisket was 12,30% lower at US$237,12/cwt. The US is optimistic about beef exports in 2016, despite a strong US dollar and high US beef prices which contributed to a drop in exports in 2015. China may open its market for US beef by the middle of this year after a 12-year ban.
Domestic: Local prices fell, with Class A prices dropping 0,34% to R34,68/kg and Class C prices 0,57% to R28/kg. The weaner price increased to R19,50/kg. The hide…
