MARKET REPORT – PRIME MARKET – 17 JUNE, 2019

PHOTO: Bullocks were up considerably on last week, with this quality pen of Angus Bullocks making the market top of 314c/kg, $1682.52ph (ave weight 535.8kg), sold by Southern Grampians Livestock.

Total Yarding: 421

As winter has well and truly arrived cattle numbers reduced and quality continues to lack finish. All the regular buying group were present today with feedlots and restockers dominating the market particularly in the yearling category creating some strong prices across categories.

The few well-finished trade quality steers sold to the processors for 284c with a good offering of heifers making between 275c to 300c/kg. Mixed feeder types were offered today with the better quality C muscled steers selling between 235c to 292c and the heifers selling between 255c to 275c/kg. Restockers were keen to participate in the yearling run with the better types going home between 248c to 294c/kg.

Today’s offering of grown steers and bullocks was mixed with the better finished C4’s selling between 291c to 314c and C3 steers and bullocks selling between 256c and 284c/kg. The regular offering of mixed quality cows sold in a stronger market with the good heavy four score cows suiting the export buyers sold between 225c to 240c/kg. The middle run of D3 and D4 beef cows made between 175c and 216c with the light 1 score cows making between 116c and 178c/kg. Only one bull sold to the usual buying group selling for 190c/kg.

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

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