Holiday reduces throughput
Total national throughput was reduced by 36% in comparison to last week, predominately due to the Monday public holiday across most states.
Queensland reduced 35% as the Toowoomba sales were not held on Monday.
NSW recoded a decline of 49% as Forbes Tamworth and Wagga sales fell on the Monday holiday. Despite Victoria trading on Monday throughput eased 9%, while SA and WA recorded significant declines.
Quality still plain
The majority of saleyards recorded rather mixed yardings, with predominately plain cattle offered. Lines of supplementary fed cattle were present, however not in great numbers.
Buyers across most markets were present and operating, although some export buyers were absent at Warwick.
Restocker buyers were active at the Roma store sale, while processors also competed on the bulk of the better conditioned cattle.
At the conclusion of Tuesday’s market the Eastern Young Cattle Indicator (EYCI) was 1.75¢ higher in comparison to last week finishing on 362.75¢/kg cwt.
The trade steer indicator was back 2¢ on last week’s levels making 201¢, while feeder steers were unchanged on 192¢/kg.
Medium steers strengthened slightly on last week making 181¢, while heavy steers also gained 2¢ on 186¢/kg.
The medium cow indicator was relatively unchanged on 132¢/kg.
Source: Argentine Beef Packers S.A.
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