Total national throughput at markets reported by MLA’s NLRS reduced 9% in comparison to the same time last week, as Queensland and NSW recoded 12% and 14% decline.
Roma store yarded 7% less cattle while consignments at Wagga, Forbes and Tamworth were back from 17% to 25%.
The decline in numbers recorded in Queensland and NSW could be attributed to the influx of stock after a shortened week a fortnight ago. Victoria’s and SA’s throughput was unchanged on last week’s levels.
Quality mixed
The continual dry spring weather after a relatively tough winter has aided in the quality of cattle remaining plain across the majority of saleyards.
Well finished cattle were present at Forbes, Gunnedah and Scone albeit in limited numbers.
Roma store had a fair run of good quality young cattle with restockers competing for the well-bred lines however western cattle were still in great numbers.
The usual buyers were present across most markets although most buyers are becoming more selective in their purchases.
Prices hold
At the close of Tuesday’s markets the Eastern Young Cattle Indicator lifted 2.50¢ to 352.2¢/kg cwt. The trade steers indicator slipped 3¢ on 194¢ while feeder steers were up 1¢ on 187¢/kg. Medium steers strengthened slightly to 178¢, while heavy steers were unchanged on 185¢/kg. Medium cows were steady on 133¢/kg.
Source: Argentine Beef Packers S.A.
Back to News Headlines