Markets

CTLX sale 22 May 2018: Finished cows, feeders firm in cheaper market

David Monk, 23/05/2018

Yarding 4020 Change 590

The properly finished cows and the feeder cattle held their ground finishing firm in what was otherwise a cheaper market in another large yarding.

As the dry weather continues the selloff continues with numbers lifting by 600 for a total of 4020.

Once again there were large numbers of cows and young cattle throughout as growers continue to offload due to the dreadful seasonal conditions. As we come into the colder months the feeling is that the selloff will continue as the availability of fodder becomes scarce. The best of the cows were in good condition though there were large numbers of very plain cows. There was a fair selection of feeder steers and a limited selection of prime trade cattle and grown steers. Most of the regular buyers were in attendance and operating.

NLRS advises the few young cattle to the trade were close to firm with prime steer vealers selling from 290c to 309c while the prime heifer vealers sold from 274c to 299c/kg. The prime steer yearlings to the trade sold to 303c while the prime heifer yearlings sold to 281c/kg.

Feeder steers and heifers were firm to 2c cheaper. Feeder steers sold from 246c to 303c with the steers over 400kg averaging 295c while the feeder heifers sold from 200c to 271c with the heavy weights here averaging 264c/kg.

We are seeing some of the lowest prices in some time as the numbers of young cattle being sold reaches saturation point. Young restocker cattle were up to 40c cheaper with some lots passed in. Young steers to the restockers sold from 180c to 250c to average 221c while the young heifers to the restockers sold from 106c to 228c/kg.

The few grown steers were 4c cheaper with the prime medium and heavy weights selling from 240c to 275c/kg. Grown heifers were 7c dearer with the better types selling from 250c to 263c/kg. There were good numbers of grown heifers in store condition going to the restockers and they sold from 100c to 128c/kg.

Plain conditioned lightweight cows to both the processors and restockers were up to 25c cheaper while the heavier cows lacking finish were 12c/kg cheaper. The prime heavy weight cows to the processors were firm. 2 score cows to the processors sold from 40c to 156c while the better 3 and 4 scores sold from 142c to 223c with the prime heavy weights averaging 205c/kg. Plain condition 1 and 2 score cows to the restockers sold from 45c to 155c/kg.

Bulls were up to 10c cheaper with the better muscled heavy weights selling from 173c to 232c/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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