Tuesday daily livestock article

07 February 2012

Clearer weather enabled numbers to increase at Toowoomba, although quality was plain. Medium feeder steers were up to 8¢ cheaper on 217¢ as the heavier trade cattle sold at 189¢/kg. Light yearling heifers to southern processors were firm on 202¢/kg. Heavy grown steer prices eased 3¢ - to 180¢ and heavy D4 cows were firm on 162¢/kg.

Numbers were steady at Tamworth as yearlings accounted for the majority. Light yearling steers to feed were 5¢ cheaper on 234¢, as the heavier pens mainly sold from 185¢ to 200¢/kg. Yearling feeder heifers were firm on 199¢ and the heavier trade pens averaged 182¢/kg. Heavy cows were in solid numbers generally selling around 149¢/kg.

Throughput lifted at Wagga as another good quality yarding was offered. Yearling steers to feed sold from 197¢ to 208¢ to remain firm and the better quality pens to the trade were 2¢ dearer on 196¢/kg. Feeder yearling heifers gained 15¢ - to 189¢ and the heavy pens averaged 179¢/kg. Heavy cows were 3¢ higher, mainly selling from 143¢ to 150¢/kg.

After Monday’s markets the Eastern Young Cattle Indicator (EYCI) was 2.5¢ higher for the week on 395.5¢/kg cwt. The trade steer indicator was 13¢ dearer on 213¢ and feeder steers were 2¢ lower on 211¢/kg lwt. Heavy steer prices lifted 4¢ -to 183¢ and the medium cow indicator finished 4¢ dearer on 144¢/kg lwt.

Lamb numbers were higher at Dubbo and quality was mixed. Light lambs to slaughter mostly sold from $80 to $95/head or 464¢/kg cwt. Trade lambs sold from $104 to $127/head or 472¢ to 526¢/kg cwt. Medium weight Merino ewes ranged from $68 to $88 to be $5/head dearer.

Lamb supply increased at Bendigo and overall quality good, however several pens of light drafts were available. Light lambs to slaughter ranged from $84 to $103/head or 457¢/kg cwt. Trade weight lambs sold from $96 to $127 to be $5/head cheaper and mainly sold around 482¢/kg cwt.

At the conclusion of Monday’s markets the eastern states restocker lamb indicator decreased 16¢ on last week, settling at 510¢/kg cwt. Merino lambs were 2¢ higher on 440¢, and light lambs were 3¢ lower on 480¢/kg cwt. Trade lambs were 13¢ cheaper on 489¢, while heavy lambs fell 5¢ - to 473¢/kg cwt. Mutton prices fell 9¢ - to 304¢/kg cwt.

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