Midfield

Australia - Victorian cattle market

15 Sep 2012

Numbers increased at markets reported by MLA’s NLRS with 14% more cattle yarded week-on-week.
 
 
The largest increase to cattle supply came from Leongatha with throughput almost doubling.
 
All the other selling centres yarded more cattle apart from Warrnambool where supply dropped 26%.

Yearlings dominated the young cattle supply with the majority falling into the heavy weight category.
 
Grown steers were also in good supply with most heavy weights or bullocks.
 
Well-conditioned D4’s dominated the cow yarding however all weight categories were well represented. C2 and C3 heavy bulls were in good numbers across all selling centres.

Quality remains plain

Quality remained plain across the majority of centres with many showing the effects of the winter months.
 
There were only a few quality lines of young cattle offered with most being crop or supplementary fed.

All the regular buyers were in attendance and active across the majority of markets however competition was slightly lower.
 
Some export buyers were absent across a selection of markets.
 
Feeder and restocker attendance was also down with lower competition placing downward pressure on prices.

Competition influences prices

The reduction in competition throughout the state had a negative effect on prices.
 
Vealers were mostly lower with heavy weight steers back 2¢ to 204¢/kg.
 
Vealer heifers bucked the trend up 4¢ to settle on 218¢/kg.
 
Heavy C3 yearling steers were 3¢ cheaper on 200¢ to sell to a top of 219¢/kg.  Heavy weight yearling heifers were also 3¢ lower on 189¢/kg.

Heavy grown steers and bullocks were both 5¢ lower on 193¢/kg. Light weight grown heifers were back 8¢ on 159¢/kg.
 
Medium weight D3 beef cows were firm on 144¢ with the dairy cows 5¢ higher on 108¢/kg.
 
Heavy D4 beef cows made 151¢ to be unchanged with the heavy D2 dairy varieties making 135¢/kg. Heavy weight C2 bulls made 158¢/kg.



 
 
 
 
 
 
 
 
 
 

Source: MLA.com

Marel

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