MARKET REPORT – PRIME CATTLE – 10 SEPTEMBER, 2018

PHOTO: Regular vendors, brothers Tim and Greg King of ‘Willawa’ Caramut (pictured with agent Matt Jones of Elders), were very happy with the prices they got for their 24 Poll Hereford Bulls and Bullocks at today’s prime market. In particular, they mentioned how impressed they were with the WVLX facility, saying they couldn’t believe how quiet the cattle are.

Total Yarding: 316

A total yarding of 316 cattle were offered at Mortlake which was 30 head more on last week to a near full group of buyers present. Quality was of mixed quality with an improvement as more cattle showed slightly more cover and there were some well presented grown steers and cows sold.

Cows sold mostly to firm some as lighter cow sales improved 10c/kg, the younger cattle sales were on average 5c to 10c/kg dearer with some isolated good quality sales up to 20c/kg better and there was less demand for some lighter young cattle on offer. The larger selection of grown steers sold to more demand selling 10c to 20c/kg stronger with grown heifers 5c to 10c/kg dearer. The few vealers sold made from 210c to 270c/kg and the restockers paid between 200c to 240c/kg. The C2 and C3 yearling cattle to the trade sold mostly from 245c to 280c/kg with restockers and feeders paying 240c to 298c/kg for their store younger cattle. D2 and D3 yearlings during the market made between 180c to 250c/kg.

C3 grown steers sold from 285c to the market top of 301c/kg with restockers paying 249c to 295c/kg. Well presented manufacturing steers D2 and D3 with weight made between 200c and 249c/kg and good quality grown heifers C2 and C3 sold from 250c to 260c/kg, D2 grades made 230c to 251c/kg as restockers provided extra competition paying 257c to 278c/kg. Heavy beef cows D and C muscled sold from 229c to 250c/kg, D2 cows sold from 193 to 224c/kg and D1 and D2 dairy bred cows sold from 180c to 195c/kg. Light beef bred cows D1 sold from 150c to 187c/kg and light E1 dairy bred cows made 150c/kg. The bulls sold 5c to 8c/kg dearer as the best of the beef bulls sold from 228c to a top of 251c/kg.

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

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