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AAP
AAP
William Summers

Cattle prices to soar but steaks shouldn't cost more

Supermarkets may already be charging premium meat prices in anticipation of a cattle price hike. (Con Chronis/AAP PHOTOS)

Meat lovers hoping to see an end to high beef prices might have to get used to the already eye-watering cost of a mouth-watering steak.

Experts say the only way is up for saleyard prices over the next two years as farmers rebuild herds following drought. Although that might not necessarily mean things will get any worse for consumers, they aren't likely to improve either. 

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