Midfield

Australia - The Victorian cattle market

12 Aug 2012

Supply lower.
 
 
 
Supply at markets reported by MLA’s NLRS decreased 8% as the majority of markets had slightly reduced yardings.
 
Bairnsdale and Ballarat cattle throughput was 28% and 15% lower.
 
Wodonga and Shepparton supply declined 17% and 16% respectively.
 
Colac cattle throughput was 17% lower, while Pakenham yarded 10% less.
 
On the other hand, Camperdown and Leongatha yarded slightly higher numbers, while Warrnambool increased 4%.

Prices were mostly firm to dearer as limited supply of suitable cattle assisted demand.
 
The vealer steer indicator was 2¢ higher on 227¢, while vealer heifers lifted 12¢ to 224¢/kg lwt.
 
Yearling steers increased 5¢ to 216¢, while yearling steers gained 6¢ to 202¢/kg lwt.
 
The bullock indicator was 5¢ higher on 199¢, while the cow indicator was 4¢ lower on 143¢/kg lwt.

Quality of the young cattle was mixed with most being winter affected.
 
There were a few good lines of supplementary fed yearlings at most markets.
 
Processors jostled to capture adequate numbers of prime vealers.
 
Feeder buyers that were in attendance at most markets were subdued.
 
Restockers were active along most of the young cattle.

The grown cattle market recorded fluctuating demand between the markets however prices were still solid when considering the quality that was offered.
 
Heavy steers were in increased supply.
 
Dairy cows at Shepparton were of poorer condition, while there was a lack of well covered beef cows across the state.
 
Young cattle dearer

 Light vealer steers to restocker orders sold from 188¢ to 224¢/kg.
 
Heavy C3 vealer steers to slaughter were 5¢ dearer on 230¢/kg.
 
Medium weight vealer heifers ranged from 182¢ to 235¢ to average 3¢ higher on 205¢/kg.
 
Heavy vealer heifers were 14¢ dearer to average around 224¢/kg.
 
Light yearling steers to feed lost 5¢ to 169¢, while the medium weight portion to slaughter gained 5¢ to 216¢/kg.
 
Heavy yearling C3 and C4 steers to processor orders were firm to 3¢ dearer on 209¢/kg. Light weight yearling heifers lifted 11¢ to 185¢, while the medium weight portion was 7¢ higher on 202¢/kg.
 
Heavy yearling heifers to slaughter sold to a mixed trend as most made around 196¢/kg.

Grown cattle categories experienced mixed trends however were good quality was evident price improved.
 
Heavy grown steers were unchanged to average 195¢, while C4 bullocks to export slaughter were 5¢ dearer on 199¢/kg. Grown dairy heifers were 8¢ higher on 148¢/kg.
 
Medium weight dairy cows were firm to average 124¢, while heavy D3 and D4 beef cows to processors were slightly cheaper with most sales around 150¢/kg.
 
Light restocker bulls were 2¢ dearer on 172¢, while heavy C2 bulls to slaughter were 1¢ lower on 160¢kg.




 
 
 
 
 
 

Source: MLA.com

Marel

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