Wednesday daily cattle summary

01 July 2015


Throughput at Roma Store declined 12%, to 6,423 head, and there was a slight improvement in the quality of store cattle penned. Restockers from NSW were active on light steers, pushing prices dearer, while the light and medium heifers found strong support from supermarket feedlot buyers, restockers and southern processors. Like most markets so far this week, Roma Store was noticeably dearer, with EYCI eligible cattle jumping 23.32¢/kg cwt, to average 516.75¢/kg cwt.

Roma Store light (200-280kg) C2 yearling steers to restockers gained 14¢, averaging 289¢, and medium weight C3 feeder steers jumped 33¢, averaging 289¢/kg. Light (200-280kg) D2 yearling heifers returning to the paddock improved 3¢, averaging 247¢, while medium weights to feeder buyers slipped 20¢, averaging 222¢/kg. Medium C3 grown steers to feed on averaged 253¢, up 26¢, while heavy D4 cows made 219¢, up 20¢/kg week-on-week.

Consignments to CTLX increased 10%, to 2,521 head, and the quality of grown steers and cows improved. Prime young cattle were limited, with most lines going to feeder orders. Medium C2 yearling feeder steers improved 2¢, averaging 319¢, and heavy C3 yearling heifers to slaughter gained 6¢, averaging 306¢/kg lwt or 567¢/kg cwt. Heavy C3 grown steers to processors jumped 11¢, averaging 316¢, while heavy D4 cows increased 19¢, averaging 240¢/kg.

NVLX Barnawartha yarded 1,675 head, up 14% week-on-week. Quality was mixed but all the regular buyers were in attendance. Heavy C2 yearling feeder steers improved 7¢, averaging 316¢, and heavy C3 heifers to the trade gained 2¢, averaging 295¢/kg. Heavy C3 grown steers to slaughter improved 2¢, averaging 307¢, while medium C4 grown heifers to the same orders increased 8¢, averaging 292¢/kg.

At the close of Tuesday’s markets, the Eastern Young Cattle Indicator (EYCI) finished at 530.25¢, up 10.25¢/kg cwt on where it finished the previous day and the highest value on record. Trade steers were firm, at 306¢, while feeder steers improved 4¢, to 294¢/kg lwt. Medium steers slipped 3¢, to 277¢, while heavy steers improved 3¢, to close at 291¢/kg lwt. Medium cows averaged 207¢, up 5¢/kg lwt.

 

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

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

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