Thursday daily cattle summary

16 June 2016

Consignments at Dalby increased marginally this week, yarding 3,824 head. A full panel of buyers were present and active, with prices for feeder steers and bullocks soaring to record levels as a result. Other categories saw general improvements, with light weight heifers settling notably dearer week-on-week.

  • Medium C2 vealer heifers to restockers eased 2¢, averaging 311¢/kg
  • Light C2 yearling steers to restockers gained 9¢, averaging 342¢/kg
  • Light C2 yearling heifers to feed jumped 27¢, averaging 317¢/kg
  • Heavy D4 cows to processors averaged 13¢ higher, on 270¢/kg

Throughput at Casino increased 18%, to 1,830 head. Young cattle made up the majority of the yarding, with quality mixed overall. A few drafts of well-bred cattle were on offer, with competition stronger on last week’s sale for vealer lines particularly.

  • Medium C2 vealer steers to restockers averaged 338¢, up 32¢/kg
  • Medium C2 vealer heifers to processors were 12¢ dearer, averaging 282¢/kg
  • Medium D3 cows to slaughter averaged 249¢, up 15¢/kg

Cattle numbers at Warrnambool increased 6%, to 903 head. Quality across most categories was good, with the regular buyers operating in a mixed market. Prices held firm for grown heifers, along with cows in better condition, while most young cattle sold to a dearer trend.

  • Light D1 yearling steers to restockers averaged 292¢/kg
  • Heavy C3 grown steers to processors averaged 316¢, up 5¢/kg
  • Heavy D1 cows to slaughter averaged 216¢, up 5¢/kg

At the close of Wednesday’s markets:                                                                      

  • The Eastern Young Cattle Indicator (EYCI) settled at 615.75¢, up 8¢/kg cwt on where it finished the previous day
  • Trade steers were up 3¢, at 337¢/kg lwt
  • Medium steers were back 15¢, to 308¢/kg lwt
  • Heavy steers were up 6¢, to 307¢/kg lwt
  • Medium cows were up 4¢, to 240¢/kg lwt
  • Feeder steers were up 5¢, to 342¢/kg lwt

For the full list of cattle market reports, please click here.

Note: All yardings and prices referenced are from MLA reported saleyards

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