Midfield

Australia - The Queensland cattle market

13 Jul 2012

Supply at physical markets covered by MLA’s NLRS fell 26%.
 
 
Numbers remained close to the previous week’s level at markets early in the week.
 
However, the return of wet weather by mid week generally restricted supply and lead to the cancellation of the Roma prime sale.
 
Overall quality remains mixed in the young cattle, while most of the heavy steers and bullocks penned were in the 4 score range.
 
However the cow portion contained a fair mix in the lower fat scores.
 
Buyer attendance in the young cattle sections was generally good, while export buyer attendance was erratic.
 
The wet weather continues to boost restocker buyer confidence especially in the south of the state where producers were keen to purchase stock for established oats crops.
 
Feeder competition early in the week was generally firm, while the increase in rain by mid week lifted heavy feeder values at Dalby 2¢/kg.
 
Heavy steers and bullocks to export slaughter commenced the week on a firm trend and by mid week a combination rain and the cancellation of the Roma prime sale lifted values for heavy steers and bullocks by 3¢ to 7¢/kg.
 
Cows followed a similar trend with prices increasing as the week progressed.
 
Light and medium weight plainer lines were the centre of attention receiving strong support from restockers to finish on established oats crops, plus one export processor with an order for lean trim lifted values by 4¢ to 10¢/kg.
 
Heavy 3 and 4 scores to slaughter across all markets for the week averaged 2¢ to 4/c/kg better.
 
Export lines dearer
A fairly large selection of calves returned to the paddock at 218¢ with sales to 239.2¢/kg.
 
The largest number of vealer steers also returned to the paddock at 223¢ with some to 239.2¢/kg.
 
Vealer heifers to slaughter in the south of the state remained close to 200¢/kg while local butchers at Warwick paid up to 228.2¢/kg.
 
A relatively large supply of lightweight yearling steers returned to the paddock at close to 212¢ with sales to 234.2¢/kg.
 
Medium weight feeders averaged 202¢ and sold to 220¢/kg.
 
A large number of heavy feeders across all markets averaged 189¢ with some in the south to 203.2¢/kg.
 
Lightweight yearling heifers received strong support from supermarket feeders with most at 189¢/kg.
 
Heavy steers to export slaughter averaged 175¢ and made to 185.2¢/kg.
 
Bullocks averaged 1¢ dearer at 175¢ with a few supplementary feds to 188.2¢, and a handful over 750 kg live weight made to 185.2¢/kg to return $1420/head. 
 
A good supply of medium weight 2 score cows sold to processors 4¢ dearer at 122¢, and the 3 scores mostly sold around 131¢/kg.
 
Good heavy cows managed to reach 158.2¢ in pen lots with most 2¢ dearer at 145¢/kg.
 
 
 
 
 
 
 
 
 

Source: MLA.com

Marel

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