Markets

CTLX Carcoar 6 Aug 2018: Feeling numbers running out

David Monk, 07/08/2018

Yarding: 1325 Change: -975

Following up to 25mm of rain and the feeling that the numbers are running out, with the yarding back by almost 1000 head.

It was only a fair quality yarding with a reasonable selection of trade cattle along with fair numbers to suit the feeders. There were some good cows along with plenty of plain cows and there were no grown steers yarded.

Even though we still have severe drought conditions there were not the numbers of plain conditioned young cattle compared to previous sales. Not all the regular buyers were present with one major northern processor absent and another major export processor did not operate.

NLRS advises the limited number of suitable young cattle to the trade were 8c cheaper with prime vealers selling from 260c to 290c and the prime yearlings 250c to 290c/kg.

The feeder cattle yarded continue their downward trend. Feeder steers were 15c to 20c cheaper while the feeder heifers were firm to 5c/kg cheaper. Feeder steers sold from 221c to 300c with the lightweights weighing between 280kg and 330kg averaging 255c the medium weights weighing between 330kg and 400kg 275c and the heavy weights over 400kg averaged 279c/kg.  The feeder heifers sold from 229c to 273c with the lightweights averaging 247c and the medium weights 261c/kg. Once again the buyers were prepared to pay more c/kg for the heavier weights.

Young cattle to the restockers were 15c to 20c cheaper with the young steers selling from 140c to 241c with the steers over 200kg averaging 218c while the young heifers sold from 110c to 228c with the calves over 200kg here averaging just 177c/kg.

There were no prime conditioned grown steers to quote though a few lots of grown steers sold to the feeders ranging in price from 240c to 270c/kg. A couple of well finished grown heifers were around firm selling to 268c/kg.

Plain conditioned cows to the processors were 10c dearer compared to the previous sales much cheaper market while the better finished cows were 6c to 9c cheaper. 2 score cows to the processors sold from 75c to 141c while the better 3 and 4 score cows sold from 150 to 211c with the prime heavy weights averaging 199c/kg. Plain conditioned cows to the restockers sold from 27c for very plain cows to 125c for reasonably young Angus cows.

Bulls were 15c cheaper with the better heavy weights selling from 160c to 212c/kg.

To view full NLRS report click here

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