MARKET REPORT – PRIME CATTLE – 22 JULY, 2019

Photo: WVLX Manager Tim Nowell and Charles Stewart & Co’s Matt Baxter were all smiles when this pen of Angus cows sold for 297c/kg, $2012.88ph (ave weight 677.7) – the highest price for cows so far in the saleyard’s history.

Total Yarding: 759

There was a substantial increase with the number of cattle sold at Mortlake today, a rise of 234, totaling 759. Quality was mixed, with a very good run of beef cows being offered as well as C3 and C4 grown steers and bullocks.

This week one major processor was absent; however, all other regular processors were operating in a firm to dearer market for the better finished steers and bullock, beef cows and bulls. Lighter weight dairy types were cheaper. Feeders were active throughout the market, although there was not as much re-stocker competition this week. There was small offering of vealers, making from 255c to 306c/kg. Yearling steers to the trade sold from 295c to 326c, with heifers to the trade making from 295c to 306c, as feeders paid a premium for yearlings, receiving from 285c to 295c/kg.

C3 and C4 grown steers and bullocks made from 260c to 338c, with the heifer portion making from 281c to 334c/kg which was firm to slightly dearer on last week’s market. Manufacturing bullocks sold to 274c/kg. There was a very good selection of C4 and C3 beef cows again this week. Competition was good on a firm to slightly dearer market. Heavy 3 and 4 score beef cows sold from 265c to 297c/kg. Light cows sold from 190c to 210c, 15c/kg cheaper than last week. Heavy bulls with shape made from 220c to 285c, 20c/kg dearer on last week’s prices.

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

CLICK HERE for full WVLX market report.

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