MARKET REPORT – PRIME CATTLE – 25 JUNE, 2018

PHOTO: Darren Welsh, with daughter Amanda from Kennedys Creek called into WVLX today to see the sale of his neighbour’s cattle, including 2 Angus Heifers that sold for $2.40/kg, with an average weight of 360kg.

Total Yarding: 558

There was a larger yarding of 558 cattle at Mortlake which was 63 more with an increased offering of mixed quality younger cattle, some well-presented pens of beef bred cows and a plainer selection of grown steers. The sale was made up of approximately 80 grown steers, 32 heifers, 210 young cattle, 212 cows and 24 bulls sold. The regular number of buyers attended as they operated in a generally easier market, although there were fluctuating cow sale as the prices for the heavy beef bred cows averaged from firm to 6c/kg dearer.

The younger cattle prices were on average from 5c to 10c cheaper as the few vealers sold from 200 to 270c/kg. C3 yearling steers sold from 230c to 280c, the best of the larger number of yearling heifers made from 240c to 273c as the restockers and feeders were active paying from 180c to 270c/kg.

Grown steers prices were weaker on average an estimated 10c to 20c, mostly due to the decline in quality as the C3 and C4s made 230c to 270c/kg. Grown heifers were also cheaper from 200c to 245c and D2 manufacturing steers made from 170c to 226c/kg. The cow market did see lighter and medium weight dairy bred cows sell 5c to 10c/kg cheaper. The light E1 dairy bred cows sold from 105c to 158c and the D1 and D2s made from 160c to 170c/kg. Light beef bred D1 cows made from 158c to 177c and the D2 cows made 192c to 201c/kg. The D3 portion made from 208c to 222c with the D4 and C3 cows making 220c to 227c/kg. The best of the bulls sold from 195c to 231c and a restocker paid a top of 242c/kg.

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

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