Markets

Roma Store 17 Mar 2015: Quantity and quality lifts

Beef Central, 17/03/2015

Roma Store Sale NLRS sale commentary:

Yarding 9138 Change 2338

Numbers lifted to the highest yarding level for 2015. It was also one of the best quality yardings of cattle for the year so far, containing some large lines of good quality, single vendor consignments from Central West and North West parts of the state. A full panel of feedlot buyers were in attendance. The medium and heavy weight yearling steers to feed gained 2c to 3c/kg. Fewer restocker buyers resulted in slightly less demand and light weight yearling steer prices fell 11c/kg. Solid feedlot buyer competition also lifted light weight yearling heifers by 2c on average and medium weights sold well, however plainer lines meeting a discounted market. Cows and calves topped at $1,320/unit and averaged $775.

Light weight yearling steers hit 278c and averaged between 238c and 242c, down 9c to 11c/kg. Medium weight yearling steers to feed sold to 271c and averaged 240c, up 3c/kg. Heavy weight yearling steers to feed made to 271c and averaged 248c, up 2c/kg. Light weight yearling heifers returning to the paddock earned to 226c and averaged between 192c and 209c, down 4c, while plainer sorts averaged 179c/kg. Good quality lines to feedlot buyers reached 214c and averaged 192c/kg. Medium weight yearling heifers to feed hit 210c and averaged 191c, down 9c/kg.

Medium weight 3 score cows found solid competition between restockers and processors. Those to export processors earned to 175c and averaged 162c, up 6c, while those returning to the paddock sold to 160c and averaged 155c, up 14c/kg.

 

View full NLRS sale reports from markets around Australia in Beef Central’s markets section

 

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