Tuesday Daily Livestock Article

AUSTRALIA - There was a small reduction in numbers at Toowoomba Elders and quality was good. Medium yearling steers to feed were cheaper and averaged 195¢ with the lightweights around 210¢/kg, reports Meat and Livestock Australia.
calendar icon 2 November 2010
clock icon 2 minute read
Meat & Livestock Australia

Lightweight trade heifers gained 5¢ to average 190¢ as the medium weights made around 179¢/kg. Heavyweight grown steer and bullocks were steady around 184¢ as the medium cows were up to 3¢ cheaper averaging between 133¢ and 145¢/kg.

There was a much larger offering at Tamworth with the majority of the cattle in forward to finished condition. Yearling steers sold to a cheaper trend, Lightweights to restock averaged 212¢ as the heavyweights to feed mostly sold between 178¢ and 183¢/kg. Medium weight trade heifers averaged 180¢ and the heavyweights were 8¢ cheaper around 173¢/kg. Heavyweight grown steers were 3¢ dearer around 180¢/kg. Medium weight cows were 2¢ cheaper at 138¢ and heavyweights mostly sold around 147¢/kg.

Supply was back at Wagga and quality was quite good across all grades. Medium weight vealers to restockers averaged 229¢ as the heifer portion to feed made around 198¢/kg. Heavyweight yearling steers to feed averaged 186¢ and the medium heifers to feed sold around 187¢/kg. Heavyweight grown steers were 3¢ dearer on 180¢/kg. Heavyweight cows averaged 2¢ dearer on 152¢/kg.

After Monday’s markets the Eastern Young Cattle Indicator (EYCI) finished 3.75¢ lower than a week ago at 360.75¢/kg cwt. The trade steer indicator was 5¢ dearer on 192¢ and feeder steer eased 1¢ to 193¢/kg lwt. Japan ox was down 2¢ to 178¢ and medium cow gained 2¢ to 140¢kg lwt.

Numbers increased at Dubbo but quality was lower, particularly for young lambs. Trade weight pens were up to $6 cheaper, as most pens averaged from $102 to $118/head. Shorn Merino lambs to the trade gained $3 to settle at $95, while heavy older lambs were firm on $115/head. Medium weight Merino ewes to slaughter were stable to mostly sell at $91/head or 352¢/kg cwt.

Heavy rain over the weekend restricted numbers at Bendigo, as the sale returned to both sheep and lambs. Light lambs to restockers gained $2, as most pens ranged from $92 to $102/head. Trade weights to slaughter were also dearer, averaging $115/head or 469¢/kg cwt. Heavyweight first cross ewes to slaughter mainly made $103/head or 304¢/kg cwt.

After Monday’s markets the eastern states restocker lamb indicator was 7¢ lower for the week on 517¢/kg cwt. Merino lambs eased 9¢ - to 408¢, while light lamb was 12¢ cheaper on 458¢/kg cwt. Trade lamb prices dropped 14¢ - to 464¢ and heavy lambs followed suit, finishing on 449¢/kg cwt. Mutton eased 3¢ - to 352¢/kg cwt.

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