Tuesday daily cattle summary

13 October 2015

Throughput at Toowoomba Elders doubled, to 1,279 head, following last week’s public holiday and deteriorating seasonal conditions. Most of the usual buyers were present but some were not operating, and restockers and feeder buyers were more selective. Prices eased across the board but some local trade lines held firm.

  • Heavy C3 yearling feeder steers slipped 32¢ on prices two weeks ago, averaging 288¢/kg
  • Medium C3 yearling heifers to the trade declined 21¢, averaging 269¢/kg
  • Heavy C4 grown steers eased 19¢, averaging 288¢/kg
  • Medium D3 cows lost 18¢, averaging 224¢/kg

Consignments at TRLX Tamworth also doubled on numbers two weeks ago, with 2,830 head offered. Quality was very mixed but there were a few well finished good quality cattle available. Some feeder and trade buyers did not operate, in what was a softer market.

  • Medium C2 yearling feeder steers declined 25¢ on prices two weeks ago, averaging 298¢/kg
  • The same weight and condition heifer lines to the feed on slipped 27¢, averaging 282¢ and selling to 291¢/kg
  • Heavy C3 grown steers to slaughter lost 35¢, averaging 275¢/kg
  • Medium D2 cows eased 17¢, averaging 195¢/kg

Hot spring conditions and no sale last week saw throughput at Wagga lift 31%, to 5,305 head. Quality was very mixed, with larger numbers of plainer conditioned cattle of all ages brought forward. The bulk of the trade cattle were grass finished and there were some crop finished grown steers and bullocks. One Queensland export processor, operating in the cow market, joined the usual panel of buyers in a cheaper market.

  • Heavy C2 yearling feeder steers declined 38¢ on returns two weeks ago, averaging 297¢ and selling to a top of 318¢/kg
  • Medium C2 yearling heifers to feed on lost 44¢, averaging 265¢/kg
  • Heavy C3 grown steers to slaughter declined 45¢, averaging 283¢/kg
  • Heavy D4 cows eased 50¢, averaging 222¢ and selling to a top of 250¢/kg

At the close of Monday’s markets:

  • The Eastern Young Cattle Indicator (EYCI) settled at 557.75¢/kg, back 8.25¢/kg cwt on where it finished last week
  • Trade steers averaged 299¢, back 5¢/kg
  • Medium steers averaged 275¢, back 11¢/kg lwt
  • Heavy steers averaged 295¢, back 1¢/kg lwt
  • Medium cows averaged 227¢, back 5¢/kg lwt
  • Feeder steers averaged 308¢, back 6¢/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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