Markets

CTLX sale 5 June 2018: Young steers firm as dry selloff continues

David Monk 06/06/2018

Yarding 3040  Change 370

Young steers to the restockers hold their own finishing firm as the selloff continues due to the drought conditions.

Numbers lifted by almost 400 this sale for a yarding of 3040. Once again cows and young cattle in store condition made up a large percentage of the yarding. Trade cattle were in limited supply though there were a few pens of ideal feeder cattle. There were also a few pens of well finished grown steers which had had grain assistance. Most of the regular buyers were in attendance and operating along with a couple of additional restocker orders.

NLRS advises the few young cattle to the trade were around firm with prime yearlings selling from 250c to 271c/kg.

The very best of the feeder steers sold at similar rates to the previous sale however on average most of the feeder steers were 4c to 8c cheaper while the feeder heifers were up to 16c/kg cheaper. The feeder steers sold from 243c to 310c with the 330 to 400kg steers averaging 294c while the heavier weights over 400kg averaged 288c/kg. The feeder heifers sold from 206c to 268c with both the medium and heavy weights averaging 258c/kg.

Young steers to the restockers were firm while the young heifers were up to 12c/kg cheaper. Young restocker steers sold from 210c to 280c with the lightweights less than 200kg averaging 256c and the heavier weights weighing between 200kg and 280kg averaged 243c/kg. The young heifers to the restockers sold from 172c to 248c with the lightweights averaging just 208c and the heavier weights 230c/kg.

Grown steers were around 3c dearer with few to compare with in the previous sale. The prime medium and heavy weights sold from 250c to 272c with the medium weights weighing between 500kg and 600kg averaging 271c/kg.  Grown heifers were 9c to 12c cheaper with the better types selling from 214c to 235c/kg. Once again there were good numbers of grown heifers in store condition which sold to the restockers. Grown heifers to the restockers were 5c cheaper selling from 130c to 215c/kg.

Cows were 3c to 6c cheaper with the 2 scores to the processors selling from 60c to 145c while the better 3 and 4 scores sold from 130c to 212c with the prime heavy weights averaging 200c/kg. Plain conditioned cows to the restockers were also cheaper with the 1 and 2 scores selling from just 10c to 113c/kg.

The top priced bull was dearer but on average the bulls were 8c cheaper with the better heavy weights selling from 185c to 247c/kg. Young bulls to the restockers sold from 160c to 194c/kg.

 Source: NLRS, David Monk 

To view the full NLRS report for this week’s Central Tablelands Livestock Exchange (Bathurst, NSW) sale, click here  

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