Wednesday daily cattle summary

26 August 2015

Throughput at Rome Store declined 17%, to 8,979 head. Cattle quality ranged from very good to plain. Additional restocker activity pushed up light weight yearling heifers and strong feeder demand lifted heavy weight steer prices.

  • Light (200-280kg) C2 yearling restockers steers eased 3¢, averaging 312¢ and selling to a top of 334¢/kg
  • Heavy C3 lines to feed on jumped 22¢, averaging 320¢/kg
  • Light (200-280kg) C2 yearling heifers to restockers lifted 40¢, averaging 288¢ and selling to 328¢/kg
  • Medium D3 cows to slaughter gained 12¢, averaging 236¢/kg

CTLX yarded 1,200 head, back 40% week-on-week, and quality was mixed, with a fair selection of prime cattle along with reasonable numbers of young cattle lacking finish. Young cattle prices mostly improved, with EYCI eligible cattle averaging 611.48¢/kg cwt, up 12.21¢/kg cwt week-on-week.

  • Medium C2 yearling feeder steers eased 1¢, averaging 323¢/kg
  • Medium C3 yearling trade heifers jumped 26¢, averaging 327¢/kg
  • Heavy C4 grown steers eased 4¢, to average 327¢/kg
  • Heavy D4 cows eased 1¢, averaging 261¢/kg

Consignments at NVLX declined 29%, to 1,320 head, and there was a reduced offering of crop and supplementary finished trade yearlings. Heavy grown steers and bullocks were in increased numbers and sold to strong demand. A full panel of buyers was present.

  • Heavy C2 yearling feeder steers eased 2¢, averaging 333¢/kg
  • Medium C3 yearling heifers to the trade improved 7¢, averaging 318¢/kg
  • Heavy C3 grown steers to slaughter gained 10¢, averaging 329¢ and selling to 349/kg
  • Light (0-540kg) C4 grown heifers jumped 28¢, averaging 320¢/kg

At the close of Tuesday’s markets:

  • The Eastern Young Cattle Indicator (EYCI) settled at 567.25¢, up 4.00¢/kg cwt on where it finished the previous day
  • Trade steers averaged 317¢, back 2¢/kg lwt
  • Feeder steers averaged 316¢, up 1¢/kg lwt
  • Medium steers averaged 316¢, up 16¢/kg lwt
  • Heavy steers averaged 305¢/kg lwt, steady
  • Medium cows averaged 237¢, up 1/kg lwt

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

Note: All yardings and prices referenced are from MLA’s National Livestock Reporting Service (NLRS) reported saleyards.

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