Markets

Roma store 16 Aug 2016: Oats crop restockers active

Martin Bunyard, August 17, 2016

NLRS market comment:

Yarding 6348 Change -681

There were a few less cattle yarded at this week’s store sale, for a total of 6,300 head. The yarding consisted mainly of good quality cattle, suitable for restockers, back grounders and feeders.

There was a good line up of buyers at the sale competing at strong prices, which were similar to last week’s sale. Most of the light cattle went to restockers and back grounders to go on to oat crops. Light restocker yearling steers sold to a top of 430c to average 400c/kg. Medium weight restocker steers ranged from 360c to 410c to average 390c/kg. Medium weight feeder steers sold to a top of 392c to average 374c, while heavy feeder steers ranged from 370c to 394c/kg. Grown steers to feed sold from 322c to 380c/kg.

Heifers met strong competition with light weights selling 334c to 384c and feeder heifers sold from 324c to 386c to average 368c/kg. Grown heifers to the feeders ranged from 314c to 380c/kg. There was a larger penning of cows this week. Restockers were active in the market, keen to acquire cows for oat crops, paying 210c to 254c/kg. The cow market was softer this week with one operator absent. Medium and heavy cows sold from 233c to 255c/kg.

Weekly Roma Store press report:

Roma light steers hit 430c/kg

A total of 6348 head of cattle were consigned at Roma’s Store Sale.

Weaners under 220kg topped at 430c/kg and averaged 398c/kg, while weaner steers in the 220-280kg range reached 424c/kg and averaged 387c/kg. Steers in the 280-350kg range reached 410c/kg and averaged 384c/kg, and steers in the 350-400kg range reached 404c/kg and averaged 380c/kg. Feeder steers in the 400-550kg range topping at 384c/kg and averaging 361c/kg.

P & N Nichol, Sutton Veney, Roma, sold Angus steers to 416c/kg for 211kg to return $879/head. The Angus heifers sold to 382c for 180kg to return $690.

G & S Seawright, Comet Downs, Injune, sold Santa-cross steers to 410c for 232kg to return $952. The Santa-cross heifers sold to 382c for 226kg to return $865.

J & V Brawne, Yerura, Meandarra, sold Angus steers to 410c for 295kg to return $1213.

E Hoffmann, Oakdale, Wallumbilla, sold Hereford steers to 406c for 177kg to return $719.

L & S Hanna, Terrarara, Mitchell, sold Santa steers to 404c for 321kg to return $1301. The Santa heifers sold to 380c for 296kg to return $1125.

ABT Logistics and Farming, Cameron Park, The Gums, sold Angus-cross steers to 402c for 255kg to return $1027. The Angus-cross heifers sold to 382c for 225kg to return $861.

Eucumbene Grazing Co, Eucumbene, Bollon, sold Senepol steers to 400c for 366kg to return $1467.

Tullamore Park Pastoral Co, Canberra, Roma, sold Santa steers to 396c for 318kg to return $1263.

Currawilla Pastoral Co, Currawilla Station, Windorah, sold Simbrah steers to 386c for 358kg to return $1383.

L & M Price, Mt Hope, Wallumbilla, sold Droughtmaster steers to 374c for 524kg to return $1961.

G & L Ward, Okoro, Injune, sold Charbray steers to 369c for 524kg to return $1934.

Heifers in the 350-450kg range reached 380c/kg and averaged 342c/kg. Heifers in the 280-350kg range topped at 386c/kg and averaged 348c/kg. Heifers in the 220-280kg range topped at 388c/kg and averaged 365c/kg, while heifers under 220kg topped at 386c/kg and averaged 365c/kg.

C & M Eddie, Roma, sold Angus-cross heifers to 382c for 214kg to return $818.

Ian Duff, Duffields, Roma, sold Limousin-cross heifers to 376c for 353kg to return $1331.

S & H Wilkin, Everbroke, Roma, sold Charolais-cross heifers to 378c for 343kg to return $1299.

John & Lyn Hudson, Dundee, Morven, sold Cross bred heifers to 376c for 240kg to return $904.

Weewondilla Grazing Co, Weewondilla, Longreach, sold an Angus-cross heifer to 360c for 370kg to return $1332.

Cows over 500kg sold to 263c/kg and averaged 242c/kg, while cows 400-500kg topped at reached 263c/kg and averaged 235c/kg. Cows in the 300-400kg sold to 300c/kg and averaged 231c/kg.

Cows and calves sold to $1860/unit.

Bulls up to 400kg reached 394c/kg and averaged 335c/kg.

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