Tuesday daily cattle summary
03 November 2015
Throughput at Toowoomba Elders declined 28%, to 448 head, and a fair panel of buyers operated in a generally dearer market, underpinned by enthusiastic restocker demand.
- Medium C3 yearling feeder steers were firm, at 303¢/kg
- Light C2 yearling heifers to restockers lifted 16¢, averaging 275¢/kg
- Heavy C4 grown steers improved 9¢, averaging 298¢/kg
- Light D1 cows to processors gained 18¢, to average 187¢/kg
Consignments at TRLX Tamworth gained 18%, at 1,357 head, with yearlings making up the majority. Quality was generally good and a full field of buyers were operating.
- Heavy C2 yearling feeder steers improved 12¢, averaging 312¢/kg
- Medium C3 yearling heifers also to feed on jumped 20¢, averaging 301¢/kg
- Heavy C3 grown steers to slaughter improved 9¢, averaging 293¢/kg
- Heavy D4 cows lifted 27¢, averaging 256¢ and selling to 265¢/kg
Wagga yarded 2,620 head, steady on last week. Quality was mixed, with a greater portion purchased by feedlots. Not all the regular buyers were present but there was additional export processor competition from northern NSW and Queensland in the cow market.
- Heavy C2 yearling feeder steers eased 2¢, averaging 304¢/kg
- Medium C2 yearling heifers to the same orders improved 8¢, averaging 288¢/kg
- Heavy C3 grown steers eased 4¢, averaging 296¢/kg
- Heavy D4 cows to processors lifted 16¢, averaging 250¢/kg
At the close of Monday’s markets:
- The Eastern Young Cattle Indicator (EYCI) settled at 550.50¢, up 4.00¢/kg cwt on where it finished last week
- Trade steers averaged 295¢/kg lwt, steady
- Medium steers averaged 281¢, up 1¢/kg lwt
- Heavy steers averaged 293¢/kg lwt, steady
- Medium cows averaged 232¢, up 3¢/kg lwt
- Feeder steers averaged 304¢, up 4/kg lwt
Note: All yardings and prices referenced are from MLA reported saleyards
Join myMLA today
One username and password for key integrity and information Systems (LPA/NVD, NLIS, MSA & LDL).
A personalised online dashboard that provides news, weather, events and R&D tools relevant to you.
Customised market information and analysis.
Already registered for myMLA?