Markets

Roma Store 12 July 2016: Prices maintain strength

Martin Bunyard, July 13, 2016

Yarding 7380 Change -3220

The supply of stock experienced a 30 percent reduction, however, numbers still remained relatively high.

A larger number of restockers were active, plus the usual feeder and export buyers. Prices continued to reach the high levels of the previous sale, with strong support from all sections of the market with sales of over 400c/kg on a number of occasions.

The number of cows penned more than doubled the previous week’s level. Plain condition cows experienced stronger demand, with increased competition between processors and restockers with oats to feed. However the better end of the cows to slaughter struggled to maintain the high prices of the previous sale.

Steer calves to restockers made to 406.2c, with a good supply averaging 389c while heifer calves made to 364.2c, with an equally good sample averaging 342c/kg. Light weight yearling steers returning to the paddock made to 407.2c in pen lots with the largest numbers averaging 378c/kg. Medium weight yearling steers to feed made to 376.2c, with most around 358c/kg. Heavy weight yearling steers to feed generally sold in the early 350c range, with one consignment making to 364.2c/kg.

Restockers were also very active on the light weight heifers with a few sales to 362.2c, with a large number averaging close to 335c/kg. Medium weight yearling heifers to feed averaged 329c while some better condition lines made to 360.2c to average 354c/kg. Medium weight 2 score cows returning to the paddock made to 244.2c to average 237c while slaughter classes made to 232.2c, with most close to 229c/kg. Good heavy cows made to 277.2c to average 267c/kg. Heavy bulls made to 293.2c/kg. Cows and calves made to $1,400/unit.

Weekly Roma store press report:

Roma light steers hit 407c/kg

A total of 7380 head of cattle were consigned at Roma’s Store Sale.

Weaners under 220kg topped at 406c/kg and averaged 381c/kg, while weaner steers in the 220-280kg range reached 407c/kg and averaged 366c/kg. Steers in the 280-350kg range reached 406c/kg and averaged 354c/kg, and steers in the 350-400kg range reached 371c/kg and averaged 348c/kg. Feeder steers in the 400-550kg range topping at 364c/kg and averaging 337c/kg.

R & B Mobbs, Wallambank, Bollon, sold Simmental-cross steers to 407c/kg for 225kg to return $917/head.

Glen Valley Pastoral Co, Glen Valley, Jundah, sold Cross bred steers to 406c for 285kg to return $1159.

A & N Robb, Litchfield Downs, Bungunya, sold Angus steers to 398c for 178kg to return $711. The Angus-cross heifers sold to 364c for 164kg to return $599.

M & L Huntly, Kilburnie, Muckadilla, sold Charolais-cross steers to 389c for 316kg to return $1230.

S & R White, Mt Saltbush, Roma, sold Angus-cross steers to 386c for 247kg to return $953. The Angus-cross heifers sold to 336c for 214kg to return $720.

Gwenbrook Farms Pastoral Co, Gwenbrook, Roma, sold Charolais-cross steers to 384c for 251kg to return $965. The Charolais-cross heifers sold to 342c for 244kg to return $837.

A & A Anderson, East Sunrise, Roma, sold Charolais-cross steers to 384c for 240kg to return $925. The Charolais-cross heifers to 343c for 275kg to return $943.

Hartnell & Connolly, Homebush, Mitchell, sold Santa-cross steers to 378c for 279kg to return $1055. The Hereford-cross heifers sold to 346c for 197kg to return $682.

D & K Twist, Juandah Downs, Mungallala, sold Angus-cross steers to 376c for 328kg to return $1234. The Angus-cross heifers sold to 344c for 312kg to return $1074.

H & N Nelder, Gallala, Augathella, sold Santa-cross steers to 373c for 320kg to return $1194.

Torres Park Grazing, Cherry Hills, Injune, sold Santa steers to 372c for 343kg to return $1278.

Institutional Investments, Roma Downs, Roma, sold Cross bred steers to 366c for 280kg to return $1027.

B, F, M, & G Waldron, Lochiel, Roma, sold Santa-cross steers to 366c for 273kg to return $1000. The Santa-cross heifers sold to 335c for 221kg to return $741.

Billeroy Farms, Sandalwood Downs, St George, sold Angus-cross steers to 363c for 434kg to return $1579.

C Bishop, Bimbinette, Wallumbilla, sold Angus steers to 360c for 284kg to return $1024. The Angus-cross heifers sold to 341c for 274kg to return $936.

Koatanui Pastoral Co, Koatanui, Wandoan, sold Charbray-cross steers to 354c for 490kg to return $1735.

P & S Joliffe, Walhallow, Amby, sold Santa-cross steers to 354c for 397kg to return $1404.

Heifers in the 350-450kg range reached 350c/kg and averaged 300c/kg. Heifers in the 280-350kg range topped at 360c/kg and averaged 329c/kg. Heifers in the 220-280kg range topped at 360c/kg and averaged 325c/kg, while heifers under 220kg topped at 368c/kg and averaged 334c/kg.

W & K Freeman, Meeleebee Downs, Wallumbilla, sold Santa-cross heifers to 360c for 317kg to return $1144.

James Cox, Kerry’s, Mitchell, sold Angus-cross heifers to 356c for 208kg to return $744.

D & C McInnerney, Combarngo, Yuleba, sold Charolais-cross heifers to 345c for 395kg to return $1362.

Guthrie Pastoral Group, Baroona, Injune, sold Santa-cross heifers to 328c for 430kg to return $1411.

Cows over 500kg sold to 277c/kg and averaged 254c/kg, while cows 400-500kg topped at reached 300c/kg and averaged 241c/kg. Cows in the 300-400kg sold to 264c/kg and averaged 221c/kg.

Cows and calves sold to $1400/unit.

Bulls up to 400kg reached 340c/kg and averaged 280c/kg.

 

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