PRICES REACH NEW LEVELS AT MORTLAKE!

PHOTO: LMB Livestock agent Bernie Grant with vendor Philip Rowett of Marylands who sold a cracking pen of Angus weaner steers for 711c/kg (just shy of the top price of 718c/kg), making a very handy $1708ph.

Yarding: 3,816

It was a cold start to the July store sale with agents yarding around 3800 head of cattle. Despite the weather, competition was strong and consequently we saw prices reach levels that we’ve never seen here before at Mortlake.

In the grown steers section we saw better lines of steers make around 520c/kg to a top of 572c/kg for steers weighing between 400-500kg. This would be 30-40c dearer on last month’s sale.

These massive prices flowed on in the weaner category with weaner steers consistently making between $1800-2200 or 580-640c/kg.  Steers in the 200-250kg made either side of 700c/kg.

The demand was just as strong for the heifers with a lot of grown heifers 400+kg exceeding the 500c/kg mark. Heifers closer to 500kg made 460-490c/kg.

One of the highlights of the day was the weaner heifer category, with a couple of good orders of heifers going back to breed with, making 560-630c/kg and even more for some heifers closer to 200kg.

Cows & Calves topped at a high $3610 for a pen of Angus heifers with 5-6month calves at food.

There was also a good yarding of F1 and Friesian type steers which sold to a very strong demand once again.

Overall it was an outstanding result for vendors and we look forward to next month’s store sale on Thursday 19th August.

Market Report: WVLX Agent’s Association President, Matt Baxter. Click HERE for full WVLX market report.