Higher Throughput Reported at Australian Markets30 September 2013
AUSTRALIA - Cattle markets recorded higher throughput last week with market indicators showing a fall in values.
Consignments at Roma prime almost doubled from last week, with strong processor competition and a full panel of export buyers in attendance. The C4 bullocks sold 4¢ higher to slaughter, to average 180¢, while light weight D4 grown heifers were also 4¢ stronger, to average 162¢/kg. Medium D3 cows to processor orders averaged 17¢ dearer, ranging between 117¢ and 132¢/kg.
Dubbo saw yardings increase 73 per cent week-on-week, with a very good quality penning of prime cattle and large numbers of well-finished bullocks and cows. Light C2 yearling steers returned to the paddock 21¢ lower on 162¢, while medium C3 yearling heifers to slaughter eased 24¢, to average 157¢/kg. Heavy C4 grown steers to slaughter were 11¢ cheaper on 186¢, and heavy D4 beef cows averaged 145¢, down 6¢/kg.
Throughput at Bairnsdale was 36 per cent higher this week, with a reduced field of buyers present and active in a relatively cheaper market. Heavy D3 yearling heifers sold to processor orders 4¢ cheaper, ranging from 165¢ to 185¢, and heavy D3 grown heifers to slaughter sold between 178¢ and 188¢, down 5¢/kg. Heavy D4 cows to process remained unchanged, to average 147¢/kg.
At the close of Thursday’s markets the Eastern Young Cattle Indicator (EYCI) eased 3.5¢, to finish on 311.25¢/kg cwt. Trade steers were 5¢ lower on 186¢, while medium steers decreased 8¢, to average 172¢/kg. Feeder and heavy steers were firm on 174¢ and 185¢, respectively, while medium cows increased 2¢, to settle on 129¢/kg.
TheCattleSite News Desk