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Tuesday daily cattle summary

11 October 2016

The two week break in the selling program lifted numbers at Toowoomba to 1,249 head, up 438 head week-on-week. Prices remained strong across all grades and the usual panel of buyers were present and operating.

  • Light weight C2 yearling steers to restockers eased 4¢ to average 412¢/kg
  • Heavy weight C3 yearling steers to feed gained 19¢ to average 362¢/kg
  • Heavy weight C3 yearling heifers to slaughter lifted 1¢ to average 347¢/kg
  • Heavy weight C4 grown steers to slaughter decreased 13¢ to settle on 328¢/kg
  • Heavy weight D4 cows to slaughter increased 2¢ to settle on 368¢/kg

Consignments at Tamworth lifted to 1,775 head. Quality was good as the weather improves and feed supplies boost.

  • Heavy weight C2 yearling steers to feed slipped 4¢ to average 389¢/kg
  • Medium weight C2 yearling heifers to feed gained 3¢ to average 373¢/kg
  • Heavy weight C3 grown steers to slaughter slipped 3¢ to settle on 333¢/kg
  • Heavy weight C4 cows to slaughter were 13¢ cheaper on 275¢/kg

Numbers at Wagga lifted significantly, to 3,900 head. Feedlot buyers were active on secondary quality yearlings, while restockers helped push prices higher.

  • Heavy weight C2 yearling steers to feed slipped 5¢ to average 372¢/kg
  • Heavy weight C2 yearling heifers to feed gained 1¢ to average 362¢/kg
  • Heavy weight C3 grown steers to slaughter decreased 16¢ to settle on 347¢/kg
  • Heavy weight D3 cows to slaughter slipped 8¢ to average 269¢/kg

At the close of Monday’s markets:           

  • The Eastern Young Cattle Indicator (EYCI) settled on 717¢, down 6.25¢/kg cwt from where it was the previous day
  • Trade steers were back 2¢, on 381¢/kg lwt
  • Medium steers eased 3¢ on 336¢/kg lwt
  • Heavy steers were firm on 329¢/kg lwt
  • Medium cows held steadyon 255¢/kg lwt
  • Feeder steers finished 4¢ lower, on 376¢/kg lwt

For the full list of cattle market reports, please click here.

Note: All yardings and prices referenced are from MLA reported saleyards