MARKET REPORT – PRIME MARKET – 13 MAY, 2019

PHOTO: The first pen of the day went off with a bang at today’s Prime Market in Mortlake, with Corey Baulch of Elders Kerr & Co selling these beautiful Angus Bullocks for the market top of 308c/kg, $2101.00ph (ave weight 682.1kg).

 

Total Yarding: 476

It was an equal priced sale this week, in a yarding that was comprised of mainly average to good quality cattle. The reduced sized yarding attracted a mainly usual following of processor buyers, of that, not all operated fully. However, restocker competition was keener on young and grown cattle.

The few vealers were mainly lean in condition, making from 250c to 300c, with restockers going to 277c/kg. The yearlings made from 243c to 285c, with restockers topping at 298c/kg. The D1 and D2 yearlings received from 150c to 210c/kg to processors and restockers.

The good quality selection of C3 and C4 grown steers sold from 270c to 308c, while the grown heifer portion made from 248c to 276c, with a restocker paying to 280c/kg. The manufacturing D1 steers sold from 180c to 195c/kg. Heavy weight C3 and C4 beef cows made from 208c to 233c, with a sale at 245c/kg. The D2 cows sold from 185c to 196c, with the D1 group making from 160c to 182c/kg. Light conditioned E1 cows received from 150c to 163c, with very poor quality receiving from 100c/kg. There were no heavy weight bulls offered this week.

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

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