Markets

CTLX Carcoar 20 Nov 2018: Market firms on rain forecast

David Monk, 21/11/2018

Yarding 1585 Change -690

The forecast of between 10 and 20mm of rain over the next couple of days reduced numbers by 700 for a yarding of 1585 and it also created a stronger market with most sections enjoying useful gains.

It was a pretty good quality yarding with once again a good selection of cows along with a few pens of well finished grown steers. Grown heifers were also well supplied and there was also a good selection of young cattle to suit the feeders. There was only limited numbers of trade cattle. All the regular feeder buyers and processors were in attendance and operating in the stronger market. The two major export processors continue to compete strongly on the better finished grown steers and heifers as well as the cows.

NLRS advises the few young cattle to the trade were around firm with prime yearlings selling from 275c to 290c/kg.

Feeder steers were 3c to 6c dearer while the feeder heifers were 8c to 10c/kg dearer. The feeder steers sold from 272c to 323c with the medium weights averaging 308c while the heavy weights averaged 313c/kg. The feeder heifers sold from 230c to 290c with the lightweights averaging 269c while the medium and heavy weights averaged 276c/kg.

There was only small numbers of young cattle suitable for the restockers and those yarded were dearer with the young steers selling from 256c to 308c with the calves weighing between 200kg and 280kg averaging 273c/kg. The young heifers sold to 248c/kg.

Grown steers were 3c dearer with the prime medium and heavy weights selling from 293c to 300c/kg. There were good numbers of grown steers sold to the feeders and they sold from 260c to 314c/kg. Grown heifers to the processors were firm with the heavy weights selling from 252c to 279c to average 266c/kg. Grown heifers to the feeders sold from 220c to 285c/kg.

The good numbers of cows were firm to 3c dearer to the processors with the 2 scores selling from 165c to 198c to average 185c while the better 3 and 4 scores sold from 196c to 232c with the prime heavy weights averaging 224c/kg. There were no cows sold to the restockers.

Bulls were cheaper mainly due to quality with the well-muscled heavy weights in good condition selling from 208c to 256c to average 231c/kg.

To view full NLRS report click here

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