Stanley Vale Merino Stud - News & Views

Wednesday daily cattle summary

Roma Store numbers increased 5%, to 9,818 head. Quality was mixed with store cattle offerings showing more signs of dry conditions week-on-week. Softening demand from NSW restockers was felt throughout the sale, with the plainer lines selling to a cheaper trend. Feedlot buyer competition strengthened for good medium and heavy weight yearling lines, with the lighter weight heifers selling to an easier trend.

Light (200-280kg) C2 yearling steers to restockers were down 14¢, averaging 315¢, while Medium C3 feeder lines also fell 4¢, to 322¢/kg Light D2 yearling heifers to restockers eased 11¢, averaging 266¢/kg Heavy C4 grown steers to slaughter dropped 13¢, averaging 299¢/kg Medium D3 cows to slaughter were up 3¢, averaging 235¢/kg

Throughput at CTLX jumped 33% on week-ago numbers, yarding 3,260 head. Quality was mixed, and with prime cattle in strong supply. The market was generally cheaper overall. A notable offering of yearling heifers were also penned, with the reasonable number of steers selling mainly to feedlot orders. All the usual buyers attended, however not all were in operation.

Heavy C3 yearling steers to feed eased 27¢, averaging 314¢/kg Medium C3 yearling heifers to slaughter were down 2¢, averaging 296¢, while the heavy C3 lines also dropped, easing 24¢ to 293¢/kg Heavy C3 grown steers dropped 41¢, averaging 289¢/kg Heavy D4 cows eased 6¢, averaging 254¢/kg

NVLX Wodonga consignments increased 34%, to 3,700 head. Quality of the yarding was solid across both trade and export categories, while secondary stock condition was mixed. There was a limited selection of supplementary fed yearlings, with grass fed cattle making up the bulk of the numbers. The usual group of buyers attended, with export buyers operating in particularly cheaper market conditions

Heavy C2 vealer heifers to feed were down 22¢, averaging 311¢/kg Heavy C3 yearling heifers to slaughter  decreased 28¢, to 288¢/kg Heavy C3 grown steers dropped 18¢, to 305¢, while C4 Bullocks to slaughter also declined, easing 28¢, averaging 293¢/kg

At the close of Tuesday’s markets:

The Eastern Young Cattle Indicator (EYCI) finished on 579¢/kg cwt Trade steers averaged 308¢ kg lwt Medium steers averaged 299¢/kg lwt Heavy steers averaged 306¢/kg lwt Medium cows averaged 242¢/kg lwt Feeder steers averaged 322¢kg lwt

For the full list of cattle market reports, please click here.

Note: All yardings and prices referenced are from MLA reported saleyards

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