Wednesday daily cattle summary

26 October 2016

Cattle supplies at Roma Store declined 33% this week, to 5,800 head. Western consignments were well supplied, and all the usual buyers operated in what was a very mixed market overall. Demand for light weight yearling lines eased, while processors were particularly active on well-conditioned cows.

  • Light C2 yearling steers to restockers were back 18¢, averaging 403¢, while heavy C3 feeder lines slipped 13¢, to 345¢/kg
  • Light D2 yearling heifers to restockers finished 26¢ lower, at 366¢, while medium D3 drafts to feed eased 19¢, averaging 323¢/kg
  • Heavy D4 cows to processors gained 5¢, averaging 252¢/kg

Throughput at CTLX Carcoar increased 3%, to 1,235 head. Heavy weight cows and grown steers presented in notable condition, while quality throughout young cattle sections remained fair. Not all the regular buyers operated in a mixed market, with a limited number of trade vealers on offer, resulting in a dearer trend.

  • Medium C2 yearling steers to feed were up 8¢, averaging 363¢/kg
  • Heavy C4 grown steers to processors averaged 9¢ lower, at 307¢/kg
  • Heavy D4 cows to slaughter sold to 262¢, averaging 246¢, back 9¢/kg

Consignments at NVLX Barnawartha decreased 20%, to 1,600 head. Price trends varied throughout the sale this week, with domestic buyers setting the platform for the sale, resulting in a dearer trend for well-finished vealer and yearling sections. The usual group of buyers were present and competed in a fluctuating market.

  • Heavy B2 vealer steers to slaughter were back 4¢, averaging 388¢/kg
  • Medium C2 yearling steers to feed were up 8¢, averaging 352¢/kg
  • Heavy C3 grown steers to processors gained 4¢, averaging 321¢/kg

At the close of Tuesday’s markets:          

  • The Eastern Young Cattle Indicator (EYCI) settled on 666.75¢, down 8.25¢/kg cwt from where it was the previous day
  • Trade steers were back 1¢, to 350¢/kg lwt
  • Medium steers were up 3¢, on 299¢/kg lwt
  • Heavy steers dropped 4¢, to 305¢/kg lwt
  • Medium cows slipped 3¢,on 233¢/kg lwt
  • Feeder steers finished 2¢ lower, on 361¢/kg lwt

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

Note: All yardings and prices referenced are from MLA reported saleyards

Back to News

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.

Learn more about myMLA

myMLA Sign Up

Already registered for myMLA?

Sign in here