YOUNG CATTLE PRICES UP 20-40 CENTS

PHOTO: Young cattle prices were up this week which was evident when this pen of quality Angus Steers was sold by Charles Stewart & Co for the market top today of 700c/kg, returning $1789ph for Lochlyde Pastoral Co. 

Total Yarding: 460

The current field of buyers attended but not all operated or operated fully on the mixed quality offering of 460 cattle, 9 more. Cows sold a further 10c to 20c lower with bulls 15c to 20c/kg cheaper and grown steers fluctuated around the reduced prices of last week. On the positive side, young cattle were 20c to 40c higher and grown heifers made 15c to 20c/kg more from mainly restockers.

Processors paid from 530c to 585c for vealers while restockers bid from 536c up to 700c/kg. The few yearlings purchased by the trade buyers were all heifers and ranged between 430c and 500c with restockers paying 440c to 560c/kg. Plain and dairy bred yearlings were mainly between 350c and 380c/kg.

The few grown steers to processors were at 430c, 458c and 470c while restockers paid 420c to 500c/kg. Friesian steers sold from 334c to 355c to average 15c/kg higher. Restockers paid 389c to 450c/kg for beef bred grown heifers.

Beef cows sold from 310c to 358c with dairy cows between 300c and 314c and the poor to plain condition were from 240c to 318c/kg. Beef bulls made 330c to 350c/kg.

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