Numbers strengthen
National throughput as reported by MLA’s NLRS increased 8% with the majority of selling centres experiencing an increase.
Queensland remained steady despite an 18% decline at Roma store.
NSW experienced the largest increase up 15% with CTLX, Forbes and Wagga all yarding significantly more cattle.
SA increased as assisted by Naracoorte almost doubling in throughput while Victoria eased 6%.
Quality remains plain
Trade cattle are still dominating the market at most saleyards however the supplementary and crop fed stock are starting becoming increasingly evident.
Quality is still mixed across the majority of categories with winter still in full swing although there are still fair numbers of unfinished cattle.
The usual buyers were present throughout the markets although some processors buyers were absent at Pakenham, Shepparton and Tamworth.
Prices remain mixed
At the conclusion of Tuesdays markets the Eastern Young Cattle Indicator (EYCI) eased 4¢ in comparison to last week to settle on 382¢/kg cwt.
The trade steer indicator also declined, back 2¢ to average 213¢/kg. Medium steers however strengthened by 3¢ to make 183¢/kg.
Heavy steers were relatively steady on 188¢/kg. The medium cow indicator remained unchanged on last week to be 137¢. Feeder steers saw less demand easing 2¢ to make 207¢/kg.
Source: MLA.com
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