Australia’s meat processors say they are barely hanging on for the ride as runaway cattle prices crashed through another milestone to end the week at a historic high.
The processor warning came as cattle prices, already considered the highest in the world, hit a level even veteran industry players never dreamt possible.
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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
