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Same price for old cows and young steers
17 Apr 2009
Between 30% and 40% of the table beef eaten in Australian homes comes from old cows, so while consumers may buy good steak one day, there''s a good chance they''ll get bad steak next time round according to Sydney solicitor Norman Hunt. Hunt is lobbying government and industry for better labelling and grading of red meat to improve pricing outcomes for producers. Consumer dissatisfaction with poor quality steak sets the price for both the good and the bad, and there is little *or* no differentiation between the price paid to cattle producers for their old cows and the price paid to them for young steers. The current abattoir grid price for four teeth steers at 275-290 kg is $2.80 per kilo and the grid price for 275-290 kg eight teeth old cows is $2.70 a kg.
HuntBlog, 17/04/2009
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