Throughput rises
National throughput increased 8% week-on-week at markets reported by MLA’s NLRS.
The majority of saleyards recorded larger yardings in Queensland as their supply lifted 7% with Roma store and Mareeba yarding more cattle.
NSW throughput was 14% higher week-on-week, with a 22% rise reported at CTLX and Inverell.
Forbes and Scone lifted 26% and 38% respectively. Victoria was the only state to record a decline of 8% while SA’s throughput increased.
Quality still plain
The usual buyers were operating at all markets although restocker buyers were hesitant at Roma store, consequently lowering prices.
Yardings in the south continue to be dominated by typical winter cattle while Queensland remains relatively mixed. Supplementary fed lines are infiltrating saleyards and are in demand and this was highlighted at Inverell and Scone.
Prices decline
At the close of Tuesday’s market the Eastern Young Cattle Indicator (EYCI) decreased 5¢ on 362¢/kg cwt week-on-week. The trade steer indicator experienced the largest decrease back 6¢ on 201¢/kg.
The feeder steer indicator lost 4¢ on last week’s levels to settle on 195¢/kg.
Medium steers eased 2¢ to make 186¢ while heavy steers were firm on 193¢/kg. Medium cows dropped 2¢ to finish on 137¢/kg.
Source: MLA.com
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