MARKET REPORT – PRIME MARKET – 29 JULY, 2019

PHOTO: Cows were again in high demand today and up on the record prices of last week, with this pen of Limousin beauties making a high 305c/kg, $2150ph (ave weight 705kg).

 

Total Yarding: 653

There was a small decrease in the number of cattle offered at Mortlake today, a decrease of 107 head for a total of 653. Quality this week was much better with a very good run of beef cows being offered as well as C3 and C4 grown steers and bullocks with more beef cows being offered in the run. Not all the major processors were present however there was one additional feeder which operated in the market today.

There was a small offering of vealers making between 295c and 300c/kg. Yearling steers to the trade sold between 275c and 320c with heifers to the trade selling between 270c and 300c/kg, with feeders paying a premium.

C3 and C4 grown steers and bullocks made from 257c to 300c with the heifers selling between 290c and 341c, 10c/kg dearer. Manufacturing bullocks sold to 300c, to be 20c/kg higher on a better quality offering.

There was a very good selection of C4 and C3 beef cows again this week. Competition was scored on a dearer market. Heavy weight beef cows sold between 265c and 305c, while light weight cows sold between 210c and 200c, with all cows being 20c/kg dearer on last week. Heavy bulls with shape sold between 180c and 200c/kg. 

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

Click HERE for full WVLX market report.

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