Midfield

Australia - Cattle markets

29 Nov 2009

At Armidale, numbers slipped and quality was mixed. Restockers were active on lightweight yearling steers at much dearer rates. The yearling steers to feed sold to a cheaper trend. Heavy steers sold to a cheaper trend with quality also down. The better condition cows slipped 2¢ to 3¢/kg and the plain cows a bit more.

At Dubbo, numbers increased and quality remained mixed. Yearling steers to feeders improved 3¢; as the heavyweights to feeders and the trade eased 1c to 2¢/kg. Grown steers to feeders remained firm to 5¢/kg cheaper while the heavyweights to slaughter remained firm. Cows improved 2¢ as the D3 and D4 cows ranged from 113¢ to 128¢/kg.

At Bairnsdale, supply dropped and quality lifted. Good quality vealers made 167¢ with most sales of vealers and yearlings between 110¢ and 148¢/kg. Grown steers sold from 144¢ to 146¢/kg. The better quality beef cows made from 115¢ to 128¢, while some reasonable condition beef and dairy cows made between 106¢ and 118¢/kg.

At the close of Thursday markets the Eastern Young Cattle Indicator (EYCI) slipped 7.25¢ on last week to settle at 294.25¢/kg cwt. The trade steer indicator lost 5¢ – to 159¢ while feeder steers dropped 4¢ to close at 158¢/kg. Japan ox fell 3¢ to end at 155¢ and US cow finished 1¢ cheaper at 116¢/kg.

At Wagga, consignment decreased and quality was plainer than the previous sale. Medium and heavyweight trade lambs were $4 to $6/head dearer as 3 scores averaged from 394c to 404c/kg cwt. Lightweight 2 score new season lambs to restockers made from $63 to $77/head. Ewe lambs ranged from $97 to $130/head. Export lambs improved $6 to $12 to top at $122/head. Medium and heavyweight mutton sold for an average price of 266c to 326c/kg cwt.

At the conclusion of Thursday markets the eastern states sheep and lamb indicators generally realised a cheaper trend. Restocker lamb dropped 5c – to 414c while Merino lamb lost 22c to close at 330c/kg cwt. Light lamb fell 8c – to 366c while trade lamb settled at 367c to be 10c/kg cwt cheaper. Heavy lamb eased 1c in value to 364c and mutton finished 4c stronger at 295c/kg cwt.


Source: MLA.com

Marel

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