MARKET REPORT – PRIME CATTLE – 26 AUGUST, 2019

PHOTO: Taking out the market top today, and the best price for Steers we’ve seen over the last few weeks, were these high quality Angus Steers that Elders Kerr & Co sold for 336c/kg (av weight 501.7kg), making $1685.60ph. 

Total Yarding: 335

There was an increase in the number of cattle offered this week at Mortlake of 122 to 335 head. There was a mixed offering in the trade cattle offered this week and an increase in the number of cows offered, not all the processors were present or active at today’s sale due to the lower numbers offered, however there was more activity from restockers and feeders on suitable lines. The market was generally unchanged for the trade cattle, however the cow section was softer this week being 10c/kg cheaper. The offering consisted of 34 bullocks, 127 trade cattle, 164 cows and 9 bulls.

Yearling steers to the trade sold to 298c with the heifers to the trade selling between 260c and a top of 320c/kg. Feeders were active paying to 295c/kg. The C3 and C4 grown steers and bullocks made from 262c to a top of 336c/kg for an outstanding pen of B muscled steers. Grown heifers made from 280c to 306c with feeders and restockers active paying to 280c/kg.

Manufacturing bullocks made from 246c to a top of 284c/kg. There was some very good beef cows offered. The cow market however was softer being 10c/kg cheaper overall. The C3 260c to 283c/kg. Light cows sold between 130c and 240c/kg. The better bulls sold between 257c and 287c/kg. 

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

Click HERE for the full WVLX market report.

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