MARKET REPORT – PRIME CATTLE – 8 OCTOBER, 2018

PHOTO: Great to see eleven buyers lining up at today’s prime market to bid on the quality cattle line up. And as we know, more buyers means more competition and that leads to better prices for vendors!

Total Yarding: 528

The better quality cattle across most categories generally maintained the lower prices seen last week, but other grades were a further 10c to 15c/kg cheaper in an increased sized yarding. Overall quality was mixed in the offering, presented to a similar field of buyers, with restockers active and operating on young cattle and grown heifers. The yarding comprised 210 young cattle, 47 grown steers, 15 grown heifers, 224 cows and 32 bulls.

More vealers were penned with the better-finished C2 and C3 grades receiving firm demand, making from 245c to 275c, while plain to average quality sold from 150c to 220c/kg. The yearling portion made from 160c to 250c with the D2 grades making from 150c to 190c/kg.

The few C3 and C4 grown steers made from 220c to 263c, with C2’s making from 190c to 220c, while the D2 grade sold from 165c to 190c/kg. Restockers purchased the C3 grown heifers from 200c to 250c/kg. There was a good run of beef cows, with the 3 to 5 scores receiving from 185c to 196c, while a pen made 208c/kg. The D2 grades made from 133c to 172c and E1 cows sold from 84c to 115c/kg. Heavy weight B2 bulls were of average to good quality, making from 190c to 210c/kg. Additionally, there was another large run of C1’s this week but they decreased 20c to 30c to make from 140c and 150c/kg.

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

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