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Newcastle Herald
Newcastle Herald
Business

Don't expect the price of a steak to go down anytime soon

Tamworth butcher, Paul Avery, Fords Butchers, says there are many factors influencing retail meat prices. Picture Gareth Gardner

Consumers may have heard news of the return of El Nino bringing dryer conditions to Australia, a growing national cattle herd, and increasing numbers of stock headed for the saleyards, all of which you might think hints at lower meat prices.

However, the situation is not quite as simple as it seems.

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