Markets

CTLX Carcoar 6 Nov 2018: Market strengthens on rain forecast

David Monk, 06/11/2018

Yarding 2130 Change -460

With the forecast of useful rains over the next 36 hour period young cattle to the restockers rallied lifting by 10c to 15c dearer and more in places.

Numbers were back by almost 500 for a yarding of 2130. It was a good quality yarding with a good selection of cows along with some well finished grown steers and heifers. There was also a good selection of young feeder cattle along with some good pens of young calves to suit the restockers. The bulk of the yarding was sourced from local districts. All the regular buyers were in attendance and operating.

NLRs advise the few young cattle purchased by the trade buyers were firm with prime yearlings selling from 257c to 300c/kg.

Feeders were 5c to 10c dearer with the feeder steers selling from 255c to 321c with the light and medium weights averaging around 300c while the heavy weights averaged almost 310c/kg. The feeder heifers sold from 230c to 286c with the light and medium weights averaging 263c and the heavy weights 278c/kg. It was quite evident that all the buyers wanted to purchase feeder cattle with weight with a number of the lighter weights less than 260kg being purchased by the restockers.

There was a good selection of good quality young calves to suit the restockers. With the forecast of useful rain young cattle to the restockers were 10c to 15c dearer. Young steers sold from243c to 343c with the lightweights less than 200kg averaging 300c while the young heifers sold from 200c to 258c/kg.

Grown steers were 4c dearer with the prime medium and heavy weights selling from 275c to 305c to average 299c/kg. Grown steers to the feeders sold from 265c to 307c/kg. There were good numbers of grown heifers in good condition the bulk of which were pregnancy tested empty.  Grown heifers were 4c dearer with the better types selling from 253c to 277c with the heavy weights averaging 265c/kg. There were quite a few very plain conditioned grown heifers which sold to the restockers for between 110c and 193c/kg. Grown heifers to the feeders sold from 227c to 281c/kg.

Cows were firm to 3c cheaper with the 2 scores to the processors selling from 155c to 200c/kg. The better 3 and 4 scores sold from 195c to 243c with the prime heavy weights averaging 228c/kg. There were no cows sold to the restockers.

Bulls were 11c cheaper with the better muscled heavy weights selling from 215c to 245c/kg.

To view full NLRS report click here

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