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MLA: Daily Cattle Market Summary

31 January 2013
Meat & Livestock Australia

AUSTRALIA - Heavy rains reduced consignments on Wednesday which pushed up prices further, report Meat and Livestock Australia.

Dalby

Numbers at Dalby were significantly reduced ON Wednesday as wide spread flooding across the region restricted stock movements.

Restockers paid a top price of 179¢ for yearling steers, averaging around 174¢/kg.

Medium weight yearling steer to feed sold 11¢ dearer, averaging 175¢, while the light weight yearling heifers sold from 154¢ to 169¢/kg. Grown cattle available were too few to quote.

Casino

Rain at Casino reduced numbers by 22 per cent with the usual buyers present, despite a few processors absent.

Medium C2 vealer steers topped at 192¢ to make 188¢, while the heifer portion sold from 165¢ to 192¢/kg. Medium D3 cows sold 1¢ dearer, making 133¢, while the heavy weight equivalents sold from 133¢ to 143¢/kg.

Warrnambool

Throughput at Warrnambool slipped with prices improving across most categories.

Heavy B3 muscle vealer steers averaged 187¢, while heavy C3 heifer’s lines sold from 142¢ to 178¢, back 2¢/kg on average. Medium dairy yearling heifers averaged 61¢, while heavy weights to slaughter sold from 142¢ to 155¢/kg.

Heavy C4 grown steers averaged 155¢/kg. The better quality heavy cows averaged 125¢, while D3 lines sold from 105¢ to 116¢/kg.

Market Conclusions

At the close of Wednesdays markets the Eastern Young Cattle Indicator (EYCI) finished on 329.5¢, up 4.75¢/kg. Trade steers lifted 11¢ on Tuesday’s level making 182¢, while feeder steers finished on 177¢/kg.

Medium and heavy steers were relatively unchanged making 156¢ and 166¢/kg respectively. The medium cow indicator settled on 126¢, up 1¢/kg.

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