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Thursday daily cattle summary

23 February 2017

Dalby cattle throughput declined 14% this week, to 4,113 head. A fair panel of buyers operated in a generally cheaper market compared to the previous sale, with light yearling drafts the exception – receiving strong demand from restockers.

  • Light C2 yearling steers to restockers were back 22¢, averaging 358¢/kg
  • Light C2 yearling heifers to restockers were up 8¢, averaging 329¢/kg
  • Heavy D4 cows to processors slipped 10¢, averaging 232¢/kg

Consignments at Casino increased 21%, to 1,514 head. A good supply of vealers and a handful of lighter yearlings were on offer this week, with cow sections dominating the supply of grown cattle. Quality throughout the vealers was particularly good – with prime milk veal making up the majority.

  • Medium C2 vealer steers to restockers eased 18¢, averaging 351¢/kg
  • Medium C2 vealer heifers to processors were back 17¢, averaging 324¢/kg
  • Medium D3 cows to processors were up 1¢, averaging 223¢/kg

Warrnambool cattle numbers increased 31%, to 1,409 head. Quality varied across all categories this week, with the usual field of buyers in attendance – along with the same additional restocker buyer from the previous sale. Demand remained steady for young cattle, with restockers bidding keenly in places and spirited competition seen for a few pens of beef cows.

  • Medium C2 yearling steers to restockers sold to 357¢, averaging 322¢/kg
  • Heavy C4 bullocks to slaughter were up 2¢, averaging 305¢/kg
  • Heavy E1 dairy cows slipped 10¢, averaging 180¢/kg

At the close of Wednesday’s markets:    

  • The Eastern Young Cattle Indicator (EYCI) declined 5¢ on where it finished the previous day, averaging 626¢/kg cwt
  • Trade steers were back 1¢, averaging 328¢/kg lwt
  • Medium steers averaged 287¢, back 5¢/kg lwt
  • Heavy steers averaged 291¢, down 5¢/kg lwt
  • Medium cows were back 3¢, at 222¢/kg lwt
  • Feeder steers averaged 336¢, back 1¢/kg lwt

 

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

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