Tuesday daily cattle summary

27 October 2015

Throughput at Toowoomba Elders declined 35%, to 622 head, with young cattle in the largest numbers. Most of the usual buyers were operating in a generally dearer market, supported by increased restocker activity.

  • Medium C3 yearling trade steers improved 1¢, averaging 303¢/kg
  • Light (200-280kg) C2 yearling feed heifers jumped 20¢, averaging 270¢/kg
  • Heavy C4 grown steers increased 13¢, averaging 289¢/kg
  • Medium D3 cows averaged 226¢, up 4¢/kg week-on-week

Consignments at TRLX Tamworth were back 15% week-on-week, at 1,146 head, but yearlings were well supplied. Quality was fair to very good and increased competition from the full field of buyers lifted prices.

  • Heavy C2 yearling feeder steers lifted 11¢, averaging 300¢/kg
  • Medium C3 yearling heifers to the trade jumped 21¢, averaging 288¢/kg
  • Heavy C3 grown steers eased 1¢, averaging 283¢/kg
  • Medium D2 cows jumped 27¢, averaging 196¢/kg

Wagga yarded 2,665 head, back 19% week-on-week, and quality was mixed. Additional northern export processor and feeder competition joined the usual panel of buyers and prices mostly improved.

  • Medium and heavy C2 yearling feeder steers improved 12¢ and 16¢, respectively, averaging 307¢ and 306¢/kg
  • Heavy C3 yearling heifers to the trade gained 13¢, averaging 276¢/kg
  • Heavy C3 grown steers lifted 27¢, averaging 300¢ and selling to 324¢/kg
  • Heavy D4 cows improved 16¢, averaging 234¢/kg

At the close of Monday’s markets:

  • The Eastern Young Cattle Indicator (EYCI) settled at 531.50¢, up 6.00¢/kg cwt on where it finished last week
  • Trade steers averaged 294¢, up 6¢/kg lwt
  • Medium steers averaged 267¢/kg lwt, steady
  • Heavy steers averaged 282¢, up 1¢/kg lwt
  • Medium cows averaged 211¢, up 5¢/kg lwt
  • Feeder steers averaged 296¢, up 4¢/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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