MARKET REPORT – PRIME MARKET – 21 MAY, 2018

PHOTO: Steve and Ros Reynolds sold 24 head of cattle, both steers and heifers, at today’s prime market.

There were 607 cattle at Mortlake, 119 more for the usual group of buyers that attended as the market was dominated by approximately 388 cows that made up to 3/4 of the yarding. These ranged from good heavy beef cows to plainer lots. A limited supply of grown steers and a mixed quality offering of the younger cattle were penned. Grown steers were 10c to 15c/kg easier due to a lack of quality and grown heifers sold equal. The limited selection of young cattle varied in price depending on the quality with plainer lots selling weaker and the better quality firm to dearer due to extra demand. Cows sold to consistent competition as the light E1 dairy cows sold 5c to 10c/kg higher. D1 and D2 dairy bred cows were a few cents lower and medium to heavy beef cows sold firm to 3c/kg dearer.

The best of the vealers made 240c to 276c/kg. Yearling trade steers C3 sold from 250c to 280c/kg. Yearling heifers C3 made 250c to 266c/kg. D2 and D3 yearling heifers sold from 220c to 255c as the feeders and restockers paid from 223c to 266c/kg.

Grown steers sold from 230c to 279c with a restocker paying to 267c/kg. Manufacturing steers sold from 212c to 250c and heavy grown heifers made from 220c to 245c/kg. Light E1 dairy bred cows sold from 144c to 158c and the D1 and D2s sold from 160c to 170c/kg. The D1 light beef bred cows sold from 160c to 170c with the D2, D3 and D4 heavier weight cows making from 178c to 218c/kg. The C3 and C4 cows made from 205c to the top of 220c/kg. Beef bulls sold from 200c to reach 235c/kg firm.

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

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