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MLA Market Update

14 October 2010
Meat & Livestock Australia

AUSTRALIA - Numbers were not down as much as expected at Dalby with rain in the area. Lightweight yearling steers to restockers gained 2¢ to sell around 239¢ with the heavyweights to feed making around 195¢/kg, reports Meat and Livestock Australia.

Light heifer yearlings to the trade averaged 208¢ as medium weights to feeders made 196¢/kg. Heavyweight grown steers and bullocks sold firm to slightly cheaper averaging between 187¢ and 193¢/kg. Heavyweight D4 cows were 3¢ down at 153¢/kg.

The Casino yarding was down significantly across all categories. Lightweight vealer steers to restock eased in price averaging between 224¢ and 227¢/kg. Light heifer vealers to slaughter averaged 229¢ as the medium weights averaged 223¢/kg. Lightweight cows made around 118¢ and the medium weights averaged 127¢/kg.

Supply increased by around 45% at Warrnambool. Heavyweight yearling steers to slaughter averaged 178¢ as the heifers averaged between 165¢ and 172¢/kg. Heavyweight grown steers were 8¢ cheaper around 174¢ and bullocks made 171¢/kg. Heavyweight dairy cows averaged between 127¢ and 139¢ while the beef portion sold around 142¢/kg.

After Wednesday’s markets the Eastern Young Cattle Indicator (EYCI) had slipped 10¢ on last week to settle at 363.75¢/kg cwt. The trade steer indicator eased 5¢ to 195¢ and feeder steers were 1¢ lower at 196¢/kg lwt. Japan ox and medium cow were both 3¢ cheaper at 182¢ and 141¢/kg lwt respectively.

TheCattleSite News Desk


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