MARKET TOPS AT JUST UNDER 500c/kg!

Photo: Elders Kerr & Co sold this excellent pen of Angus Steers for the market top today of 498c/kg on behalf of NJ & AM Gibson, returning $1178ph.

Total Yarding: 519 

Despite only a few exceptional pens, there were 517 mostly plain to average quality cattle penned, 67 head less. The usual following of buyers attended, but not all operated fully, and price trends varied amongst the various categories of cattle. Young cattle averaged a few cents higher, with heifers the main recipients. Light weight grown steers lost last week’s 10c to 15c gains, but medium and heavy weights were 5c to 10c/kg dearer, quality on quality. The beef cows made an extra 5c to 10c/kg, but dairy cows sold mostly unchanged to a little better.

The handful of vealers were generally lean in condition, and sold between 438c and 470c/kg. The yearling heifers made from 376c to 390c, with restockers paying 355c to 442c, and even up to 474c/kg. The bulk of the yearling steers went to feed-on, and made between 420c and 484c, with the best to 498c/kg. Plain and dairy bred yearlings were mostly sold between 270c and 330c/kg.

Grown steers made 342c to 394c to processors and restockers, with the best of the light weight steers to restock topping at 419c/kg. Beef bred grown heifers sold from 325c to 396c/kg. Beef cows sold between 285c and 325c, and the leaner dairy cows were from 230c to 250c, with a single better covered dairy cow at 296c/kg. Poor to plain conditioned cows were mainly between 200c and 225c/kg.

Market Report: Reproduced courtesy of Meat & Livestock Australia Limited.Click HERE for full WVLX market report.