MARKET REPORT – 23 APRIL, 2018

Photo: Barry and Dianne Kinghorn of Milroy Pastoral, Byaduk, sold 10 cattle today for their first time at WVLX after being impressed by the yards at last year’s Open Day.

Total Yarding: 329

There was a reduction in the number of cattle penned to 329 head at Mortlake, 389 less with the shorter week due to Anzac day a contributing factor. Quality was from poor to average with some good quality lots of beef cows, the young cattle remained mixed in condition and there was a drop in the quality of the grown steers and heifers but, there were a few well presented pens. Most buyers that were present combined with a couple of extra restockers that did provide some extra competition in the market. The yarding consisted of approximately 129 cows, 19 bulls, 46 grown steers and 135 young cattle.

The vealers were of average quality, D2, and mostly went to restockers and feeders, selling between 210c and 277c/kg. Yearling steers D2 and C2 to the trade made from 206c to 258c, with restockers paying 231c and 259c/kg. Yearling heifers D1,D2 and C2 sold to the feedlot and restockers from 230c to 248c/kg. Heavier yearling heifers C2 and C3 sold from 230c to 250c/kg, remaining close to unchanged.

Most of the grown steers sold to an easier trend from 5c to 15c, with the C2 and C3 lots making 220c to 249c, although some C2 steers to restockers made from 245c to 250c/kg to be slightly higher. Grown heifers C2 and C3 sold from 220c to 254c, with D2’s making 249c to 255c/kg, also to restockers. In the cow sale light and medium cows to the processors were from 4c to 10c lower, with the extra light E1 cows making from 102c to 125c/kg, the majority going to restockers. The limited number of dairy cows D1 and D2 sold between 150c to 180c and restockers purchased D1 cows from 140c to 172c as well as 20 beef bred D2 cows, which made between 175c to 185c and up to 190c/kg for C2 lots. The heavy and well covered beef cows, C2 to C4, sold firm as they ranged from 186c to 213c/kg. Bulls were unchanged to a few cents easier, with a heavy bull reaching 215c/kg.

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

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