MLA: Daily Cattle Market Summary

AUSTRALIA - Prices were up overall as the Cattle Indicator lifted to 313.75¢/kg cwt on Wednesday, write industry analysts at Meat and Livestock Australia.
calendar icon 24 January 2013
clock icon 2 minute read
Meat & Livestock Australia

Casino

Numbers at Casino increased with more young cattle yarded than last week. Medium weight vealer steers to slaughter ranged from 168¢ to 190¢, while light vealer C2 heifers were relatively unchanged on 185¢/kg.

Medium weight heifers generally sold from 170¢ to 189¢, while yearling steers and heifers were too few to quote. Heavy C3 grown steers lifted 5¢ on average making 168¢, while medium D3 cows generally sold from 122¢ to 140¢/kg.

Warrambool

Throughput at Warrnambool eased with the usual trade and export buyers present. Heavy B3 vealer steers to process orders were unchanged, averaging 172¢, while medium C3 vealer heifers lifted 2¢ on last week making 143¢/kg.

Heavy C4 grown steers sold 6¢ dearer on 156¢, while the heifer portion generally sold from 143¢ to 153¢ for the better quality lines. Medium D2 dairy cows ranged from 82¢ to 90¢, back 5¢, while heavy C3 beef lines topped at 125¢ to make 120¢/kg.

Dalby

Consignments at Dalby slipped by 17 per cent with the majority of the yarding consisting of secondary lines. The C2 calves to restock sold 3¢ dearer on 182¢, while medium vealer heifers topped at 181¢ to make 175¢/kg. Light yearling steers returning to the paddock sold from 178¢ to 207¢, while medium weight lines to feed was relatively unchanged averaging 179¢/kg for C2 muscle lines.

Light yearling D2 heifers sold 7¢ cheaper averaging 149¢, while medium weights to feed topped at 172¢ to make 167¢/kg. Heavy bullocks averaged 172¢, back 4¢ on last week, while the bulk of the better quality grown heifers sold 7¢ cheaper on 155¢/kg. Heavy D4 beef cows sold from 134¢ to 145¢/kg.

Market Conclusions

At the close of Wednesday’s markets the Eastern Young Cattle Indicator (EYCI) lifted 1.5¢ to 313.75¢/kg cwt. Trade steers were up 1¢ on 166¢, while feeder and medium weight steers were unchanged on 168¢ and 154¢/kg respectively. The heavy steer indicator lifted 3¢ making 166¢, while medium cows settled o 124¢/kg.

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