Good auction volumes on cattle and sheep with the first run of new season lambs put long waited pressure on above-average seasonal prices in New Zealand. The average local slaughter price trends for W44-W45: Steer NI P2 (300kg) - USD 3.99 (NZ 6.80) (6.90)/kg -1,4% Lamb NI (18kg) - USD 5.32 (NZ 9.05) (9.25)/kg -2.2%) Exporters expect export prices to stay firm until mid-November.
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