Tuesday daily cattle summary

31 May 2016

Cattle throughput at Toowoomba decreased 12% this week, to 895 head. A dearer trend followed the lower yarding, with young cattle well represented along with a fair supply of cows. Most of the regular export and feeder buyers were operating, with light weight yearling steers returning to the paddock improving notably.

  • Medium C2 yearling steers to feed averaged 316¢, up 13¢/kg
  • Light C2 yearling feeder heifers finished 7¢ dearer, averaging 276¢/kg
  • Heavy D4 cows to processors averaged 4¢ higher, at 239¢/kg

TRLX Tamworth consignments declined 1%, to 1,349 head. Young cattle and cow supplies held firm week-on-week, with well finished cattle to domestic and export buyers limited, and both quality and condition varying across the sale. Demand strengthened for most categories, with the usual buyers active.

  • Medium C2 vealer steers to restockers averaged 319¢, up 7¢/kg
  • Medium C2 vealer heifers to restockers finished 1¢ lower, averaging 279¢/kg
  • Light C2 yearling heifers to feed averaged 287¢, up 6¢/kg
  • Medium D2 cows to processors settled 1¢ higher, averaging 188¢/kg

Numbers at Wagga recorded only a slight decline this week, yarding 3,765 head. Secondary yearlings and vealers lacking condition were well supplied, with a shortage of heavy steers and heifers resulting in a dearer trend. Interstate restockers bid keenly, with a larger group of store buyers in attendance.

  • Medium C2 yearling steers to feed averaged 323¢, up 3¢/kg
  • Heavy C3 yearling heifers to processors finished 12¢ higher, at 307¢/kg
  • Heavy C3 grown steers to slaughter averaged 301¢, up 24¢/kg
  • Heavy D3 cows to the same order eased 1¢, averaging 221¢/kg

At the close of Monday’s markets:                                                                             

  • The Eastern Young Cattle Indicator (EYCI) averaged 570¢, up 2.25¢/kg cwt on where it finished the previous day
  • Trade steers were up 1¢, on 319¢/kg lwt
  • Medium steers were firm, on 297¢/kg lwt
  • Heavy steers were up 1¢, on 286¢/kg lwt
  • Medium cows were firm, on 216¢/kg lwt
  • Feeder steers were up 1¢, on 314¢/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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