MARKET REPORT – PRIME CATTLE – 2 JULY, 2018

PHOTO: Darren Gladman of Woolsthorpe, with his children (from left to right) Aisha, birthday boy Percy, Makani and Lawson. The Gladman family came to check out the saleyards today as a special birthday treat for budding farmer Percy! Happy Birthday Percy!!

There was a lighter penning of winter cattle but it met with strong demand from the usual consistent turnout of buyers. Heavy cows sold well at $2.45/kg across the heavy cow penning. And lighter cows also met with a very keen demand and were dearer than previous weeks. – Bruce Redpath, President WVLX Agent’s Association

Total Yarding: 168

There was a reduced winter yarding of 168 cattle at Mortlake this week. Quality varied and there were some good pens of steers, heifers and some excellent beef bred cows offered. The regular buying group attended and operated with more demand in a firm to dearer market and there was less restocker activity during the sale. The fewer young cattle sold firm. Grown steers and heifers were 5c to 10c dearer and most cow sales, especially beef bred pens, sold 5c to 15c dearer, with a few isolated sales close to 18c/kg higher, while the bulls sold unchanged. A highlight of the sale was a cow reaching 245c/kg. The yarding was made up of approximately 30 young cattle, 21 grown steers, 28 grown heifers, 78 cows and 11 bulls.

The yearling cattle to processors sold from 230c to 269c with the best of the C2 and C3 grown steers selling from 252c to 280c/kg. Friesian manufacturing steers made 215c to 224c and in the grown heifer portion of the sale D2’s sold from 217c to 246c, with the C2 and C3 grades making 230c to 255c/kg to good competition.

In a stronger cow market the E1 dairy bred cows sold from 151c to 167c and the D1 cows made from 172c to 178c as a restocker purchased light cows from 80c to 138c/kg. The beef bred light cows sold from 163c to 180c with the well-presented heavier weight D2 and D3 cows selling between 204c to 228c as the C2 and C3 cows made from 228c to the top cow price of 245c/kg. A Friesian D2 bull sold for 182c with beef bred bulls reaching a top of 240c/kg.

Market Report: Reproduced courtesy of Meat & Livestock Australia Limited.

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