Markets

Gracemere prime sale 8 July 2020: Weaner steers in demand

Guest Author, July 10, 2020

Brad Mulvihill, TopX Gracemere, pictured with a run of good quality Droughtmaster steers which sold for 458.2c/kg.

Yarding 3905 Change 305

STRONG and consistent is how agents have described this week’s Prime Cattle Sale at Central Queensland Livestock Exchange (CQLX) on Wednesday.

With a yarding of 3,891 head at Gracemere, cattle were drawn from Sarina, Nebo, Marlborough, Biloela and all local areas.

Harry Phillips, Savage Barker Beckhouse – GDL, Rockhampton, said the sale was strong off the back of predicted rain for next week.

“The market for fat cattle lifted a shade, prices were more consistent for better cows,” Mr Phillips said.

“The feeder cattle were all fairly similar to last week, I think in the new financial year a few people have had a bit of a sell off.

“We also saw increased local buyer demand for weaner steers.”

Prime cattle also held the previous week’s rates, with better finished pens selling to a dearer trend.

In the store cattle market, an improved quality line up this week saw both steers and heifers lift on previous rates.

GJ Perry, Nine Mile, sold a run of sale-topping Droughtmaster weaner steers in the 201-300kg range for 458.2c/kg, weighing 254kg, to average $1,163/head. GJ Perry also sold Droughtmaster heifers to 370c/kg, weighing 219kg, to make $811/head.

Other highlights included Hazelton Pastoral, Middlemount, selling Charbray cows for 301c/kg, weighing 586kg, to return $1,764/head and Citifarm Holdings, Dingo, sale of Charbray weaner heifers for 366c/kg, weighing 263kg, to return $965/head.

Bulls under 450kg averaged 315.1c/kg, topping at 400.2c/kg.

Cows and calves were also sold to a dearer market and to a large panel of buyers. Cows for processing topped at 322.2c/kg.

To view full NLRS report click here

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