National cattle throughput lifted 60% as reported at markets by MLA’s NLRS as the Monday’s public holiday last week affected total yardings.
The inclusion of Toowoomba in Queensland boosted numbers, while Wagga, Tamworth and Forbes were operating again in NSW to see throughput more than double.
Victoria yarded slightly more cattle than last week while consignments in SA also doubled.
WA was firm on last week’s levels.
Quality remains plain
Quality across the majority a saleyards continues to be plain as the dryer weather has seen more producers offload cattle.
Supplementary and crop fed lines are still scattered throughout markets, attracting higher prices.
There were mixed yardings at Toowoomba, Wagga and CTLX, while some good quality grown steers were present at Gunnedah.
The usual buyers were operating at a slightly cheaper market as the increased yardings eased completion between buyers.
Prices decline slightly
At the conclusion of Tuesday’s market the Eastern Young Cattle Indicator (EYCI) fell a further 5¢ on yesterday’s levels to make 352.50¢/kg cwt.
The trade steer indicator eased 1¢ on 196¢ while feeder steers lost 2¢ to settle on 188¢/kg.
Medium steers lost the most ground, back 3¢ to 181¢/kg. Heavy steers were relatively steady on 187¢/kg, while medium cows lifted slightly on 133¢/kg.
Source: Argentine Beef Packers S.A.
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