Wednesday daily cattle summary

Cattle supplies at Roma Store declined 33% this week, to 5,800 head. Western consignments were well supplied, and all the usual buyers operated in what was a very mixed market overall. Demand for light weight yearling lines eased, while processors were particularly active on well-conditioned cows.

• Light C2 yearling steers to restockers were back 18¢, averaging 403¢, while heavy C3 feeder lines slipped 13¢, to 345¢/kg
• Light D2 yearling heifers to restockers finished 26¢ lower, at 366¢, while medium D3 drafts to feed eased 19¢, averaging 323¢/kg
• Heavy D4 cows to processors gained 5¢, averaging 252¢/kg

Throughput at CTLX Carcoar increased 3%, to 1,235 head. Heavy weight cows and grown steers presented in notable condition, while quality throughout young cattle sections remained fair. Not all the regular buyers operated in a mixed market, with a limited number of trade vealers on offer, resulting in a dearer trend.

• Medium C2 yearling steers to feed were up 8¢, averaging 363¢/kg
• Heavy C4 grown steers to processors averaged 9¢ lower, at 307¢/kg
• Heavy D4 cows to slaughter sold to 262¢, averaging 246¢, back 9¢/kg

Consignments at NVLX Barnawartha decreased 20%, to 1,600 head. Price trends varied throughout the sale this week, with domestic buyers setting the platform for the sale, resulting in a dearer trend for well-finished vealer and yearling sections. The usual group of buyers were present and competed in a fluctuating market.

• Heavy B2 vealer steers to slaughter were back 4¢, averaging 388¢/kg
• Medium C2 yearling steers to feed were up 8¢, averaging 352¢/kg
• Heavy C3 grown steers to processors gained 4¢, averaging 321¢/kg

At the close of Tuesday’s markets:          

• The Eastern Young Cattle Indicator (EYCI) settled on 666.75¢, down 8.25¢/kg cwt from where it was the previous day
• Trade steers were back 1¢, to 350¢/kg lwt
• Medium steers were up 3¢, on 299¢/kg lwt
• Heavy steers dropped 4¢, to 305¢/kg lwt
• Medium cows slipped 3¢,on 233¢/kg lwt
• Feeder steers finished 2¢ lower, on 361¢/kg lwt

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

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