Cattle

Cattle prices lifted this week, particularly for feeder and restocker cattle. Yardings lifted 10,578 to 45,061 head, slightly above the five-week average of 44,677.

The restocker yearling steer indicator lifted by 41¢ to 280¢/kg live weight (lwt). Prices have lifted in the majority of states, with the strongest price increase in NSW of 46¢ to 271¢/kg lwt.

The feeder steer indicator lifted by 21¢ to 238¢/kg lwt. Consistent rainfall has supported prices in the market with greater interest in yearling steers from feedlots. Queensland prices lifted by 27¢ to 226¢/kg lwt.