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MLA Report Higher Prices and Numbers Tuesday

11 December 2012
Meat & Livestock Australia

AUSTRALIA - Tuesday saw backgrounders prices lift slightly with light yearling heifers 12¢ a kilo up at Toowomba with fat cattle prices unchanged making the Eastern Younng Cattle Indicator (EYCI) relatively unchanged at 331.25¢/kg cwt.

Throughput at Toowoomba was relatively steady with the usual buyers operating across all categories, reports Meat and Livestock Australia.

Calves to restockers topped at 209¢ to average 198¢, while light yearling steers to feed were 12¢ dearer on 191¢/kg. Light yearling heifers to slaughter generally sold from 172¢ to 187¢/kg. Heavy grown C4 steers averaged 184¢, up 5¢ on average, while heavy D4 beef cows topped at 162¢ to make 159¢/kg.

Numbers at Wagga increased with quality mixed across all secondary grades. Medium weight C2 vealer heifers slipped 3¢ on average making 162¢, while heavy yearling steers to feed topped at 178¢ to make 173¢/kg. Medium yearling heifers to feeder orders averaged 2¢ higher on 162¢ while heavy C3 lines to slaughter were relatively unchanged on 155¢/kg. Light C4 grown heifers sold from 142¢ to 172¢, while heavy D4 cows topped at 138¢ to finish on 129¢/kg.

Consignments at Tamworth lifted slightly, with good numbers of yearlings offered. Light yearling steers returning to the paddock were 5¢ dearer on average making 194¢, while the heifer portion generally sold from 140¢ to 160¢ for light weight restock orders. Heavy grown steers were relatively unchanged on 175¢, while C3 light grown heifers to slaughter were steady on 155¢/kg. Medium D2 cows to slaughter topped at 132¢, averaging 115¢, while heavy D4 lines slipped 2¢ on average to make 137¢/kg.

At the close of Monday’s markets the Eastern Young Cattle Indicator (EYCI) was relatively unchanged on 331.25¢/kg cwt. Trade steers slipped 2¢ on 182¢, while feeder steers were up 1¢ to make 178¢/kg. The medium steer indicator finished on 170¢, up 2¢, while heavy steers fell 1¢ to finish on 175¢/kg. Medium cows were unchanged on 127¢/kg.

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