Markets

CTLX sale 29 May 2018: Feeder cattle lift in quality and price

David Monk, 30/05/2018

Yarding 2670 Change -1350

The better selection of feeder steers and heifers sparked plenty of interest from operators with values lifting by as much as 15c/kg.

Following the previous sales much cheaper market numbers fell by 1350 for a total of 2670. Once again there were large numbers of cows both in top condition and very plain condition. There was a much better selection of feeder cattle this sale and only odd pens of trade cattle. There were not the numbers of young weaners compared to the previous sale which relieved the pressure on that section of the market. Most of the regular feeder and processor orders were present along with a couple of additional restocker orders.

NLRS advises that the few young cattle to the trade were around firm with steer vealers selling from 280c to 285c while the heifer vealers sold to 298c/kg. The few prime yearlings to the trade sold from 264c to 273c/kg.

Feeder operators were keen to secure numbers of ideal cattle with the supply of heavier weight young cattle to suit appearing limited. Lighter feeder steers were 10c dearer while the heavier weights were firm.  Feeder heifers were up to 15c/kg dearer and more in places. The feeder steers sold from 257c to 308c with the lighter weights weighing between 330 and 400kg averaging 290c and the heavier weights over 400kg averaging 296c/kg.  The feeder heifers sold from 219c to 279c with the 330kg to 400kg heifers averaging 276c/kg.

Young steers to the restockers were up to 25c dearer while the young heifers going back to the paddock were up to 50c/kg dearer compared to the very cheap market of the previous sale. Young steers to the restockers sold from 198c to 268c while the young heifers to the restockers sold from 190c to 266c/kg.

There were no grown steers to suit the processors however the grown steers to the feeders were up to 15c dearer selling to 297c/kg. Grown heifers were 5c cheaper mainly due to quality. The better types sold from 220c to 269c with the heavy weights averaging 257c/kg. Grown heifers to the restockers continue to look affordable selling from 140c to 180c/kg.

Secondary cows to the processors were 5c to 8c dearer while the properly finished cows were firm. 2 score cows sold from 80c to 157c while the better 3 and 4 scores sold from 148c to 219c with the prime heavy weights averaging 206c/kg. Plain conditioned cows to the restockers sold from 40c to 158c while a pen of forward condition cows to the restockers sold for 160c/kg.

Bulls were 5c dearer with the well-muscled heavy weights selling from 200c to 236c to average 223c while a few young bulls to the restockers sold from 133c to 167c/kg.

 Source: NLRS, David Monk 

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

HAVE YOUR SAY

Your email address will not be published.

Your comment will not appear until it has been moderated.
Contributions that contravene our Comments Policy will not be published.

Comments

Get Beef Central's news headlines emailed to you -
FREE!