Markets

CTLX Carcoar 14 Aug 2018: Young cattle prices lose further ground

David Monk, 15/08/2018

Yarding 1570 Change 245

The prices for the young cattle in store condition continue to struggle dropping another 15c to 20c as the drought worsens.

Number lifted by 250 for a yarding of 1570. Young cattle lacking finish made up a large percentage of the yarding though there was a fair selection of well finished trade cattle coming off crops. There were some good cows along with plenty of plain cows yarded and there were no properly finished grown steers or heifers yarded. Most of the regular processor orders were operating though not all the normal feeder buyers were present.

NLRS advise the young cattle to the trade were 9c dearer with prime steer vealers selling from 272c to 314c while the prime heifer vealers sold from 255c to 270c/kg. Prime yearlings to the trade sold from 265c to 280c/kg.

Feeder steers were 8c cheaper while the feeder heifers were up to 30c/kg cheaper. The feeder steers sold from 220c to 296c with the light and medium weights averaging 259c and 267c while the heavy weights over 400kg averaged 271c/kg. The feeder heifers sold from 164c to 255c with most averaging around 210c/kg.

With store buyers hard to find the young cattle to the restockers continue to struggle falling another 15c to 20c with the young steers selling from 130c to 220c while the larger numbers of steer yearlings in store condition sold to the restockers and backgrounders from 173c to 298c/kg. The young heifers to the restockers sold from 100c to 207c while the heifer yearlings going back to the paddock sold from 70c to 160c/kg.

A few grown steers to the feeders sold from 174c to 275c while a couple of grown heifers in forward condition sold for 200c/kg.

The plainer conditioned cows to the processors were 3c to 7c dearer while the properly finished cows were firm. 2 score cows to the processors sold from 83 to 135c while the better 3 and 4 scores sold from 145c to 235c for an outstanding Speckle Park C muscle cow. The prime conditioned heavy weight cows averaged 199c/kg.

Bulls were up to 20c dearer with the properly finished well-muscled heavy weights selling from 218c to 240c to average 228c/kg.

To view full NLRS reportĀ click here

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