MARKET REPORT – PRIME CATTLE – 27 AUGUST, 2018

PHOTO: Matt Sculley of HF Richardson sold the first pen of the day, which included 3 top priced Black Baldy bullocks weighing an average of 665kg @ 272c/kg.

Total Yarding: 152

There was a smaller yarding of 152 head of cattle at Mortlake, 200 less. The quality was mixed in condition from plain to good for the cows as the limited supply of trade weight young cattle varied with some good pens of grown cattle offered. A smaller field of buyers attended and operated in a fluctuating market with grown steers selling to an easier trend of 15c/kg cheaper, with very few young cattle to quote as they sold unchanged to slightly easier. The good quality heavy cows sold from 2c to 7c/kg stronger and although a limited number of the light and extra light cows to quote against from last weeks sale there was less demand as they sold around 10c/kg easier.

Sale was made up of approximately 23 young cattle, 62 cows, 4 bulls, 18 grown heifers and 35 grown steers. Yearlings C2 and C3 were from 230c to 250c, as restockers and feeders paid 195c to 245c/kg. Dairy bred yearling heifers D1 sold for 130c/kg in the sale.

In the grown steers C2 and C3 grades sold from 220c to 272c/kg with a restocker paying from 250c to 280c/kg for over half that were offered during the sale. Manufacturing steers sold from 206c to 217c/kg, the good quality grown heifers offered sold unchanged to firm and making between 220c to 249c/kg and a few sales of dairy bred grown heifers D2 sold from 171c to 180c/kg.

The E1 dairy bred poor quality cows were from 70c to 100c/kg, E1 cows with more frame made 120c and 135c/kg  with the D1 and D2 cows selling from 162c to 198c/kg. Beef bred heavy-weight cows D3, C3 and C4 sold from 222c to 251c/kg and the bulls did sell to an easier trend of 5c to 10c/kg, reaching a top price of 240c/kg.

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

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