Markets

Roma Store 28 Oct 2014: Market feels dry conditions

James Nason, 29/10/2014

Roma Store Sale NLRS market report commentary:

Yarding 5808, Change -992

Hot and dry weather conditions prevailed across the local supply area. Restocker buyer attendance was limited compared to the previous store sale and top quality light weight yearling steers sold well, but most fell 4c/kg on average. Reduced feedlot buyer competition resulted in feeder buyers being more selective when purchasing, and prices dropped 5c/kg. The strong prices for heavy weight yearling steers to feed came off the boil and were 11c/kg cheaper on average. The quality of light and medium weight heifers was mixed and followed a similar price trend to the previous sale. Cows and calves sold to $860, while most sold between $430 and $490/unit.

Light weight yearling steers sold to 212c and averaged 195c, down 4c, while plainer sorts sold to 179c and averaged 169c, up 2c/kg. Medium weight yearling steers to feed made to 209c and averaged 196c, down 5c, and those returning to the paddock reached 206c and averaged 200c, down 13c/kg. Heavy weight yearling steers to feed earned to 206c and averaged 194c, down 11c/kg. Light weight yearling heifers to feed sold to 182c and averaged 170c, up 6c, while those to processors hit 174c and averaged 156c, up 3c/kg. Those sold to restocker buyers made to 180c and averaged 168c, up 2c/kg. Medium weight yearling heifers to feed earned to 184c and averaged 177c, up 11c/kg.

Medium weight 3 score cows sold between 128c and 145c/kg.

Weekly Roma Store Sale press report:

A total of 5808 head of cattle were penned at Roma’s Store Sale.

Weaners under 220kg topped at 212c/kg and averaged 188c/kg, while weaner steers in the 220-280kg range reached 210c/kg and averaged 183c/kg.

Steers in the 280-350kg range reached 212c/kg and averaged 189c/kg, and steers in the 350-400kg range reached 209c/kg and averaged 192c/kg.

Feeder steers in the 400-550kg range topping at 210c/kg and averaging 190c/kg.

Clarke & Tait, Powella, Aramac, sold Santa steers to 212c/kg for 291kg to return $617/head.

Sioux Syn Brahmans, Coalbah, Glenmorgan, sold Angus-cross steers to 210c for 258kg to return $542.

Dart Pastoral Co, Thirlstone, Roma, sold Charolais-cross steers to 209c for 293kg to return $613.

Glen Valley Pastoral Co, Glen Valley, Jundah, sold Santa-cross steers to 208c for 216kg to return $451.

Brad Marks sold Santa-cross steers to 207c for 260kg to return $539.

Kelvin White, Kulki Station, Bollon, sold Droughtmaster-cross steers to 206c for 450kg to return $927.

J & C McLoughlin, Rainbow, Rolleston, sold Charolais-cross steers to 206c for 348kg to return $719.

Graham Thomas, Guns Gully, Injune, sold Santa steers to 206c for 243kg to return $502.

A & L Cowper, Merino Downs, Aramac, sold Santa steers to 206c for 213kg to return $441.

Kulki Pastoral Holdings, Kulki, Bollon, sold Droughtmaster steers to 201c for 413kg to return $832.

Heifers in the 350-450kg range reached 184c/kg and averaged 158c/kg.Heifers in the 280-350kg range topped at 182c/kg and averaged 148c/kg.Heifers in the 220-280kg range topped at 179c/kg and averaged 164c/kg, while heifers under 220kg topped at 175c/kg and averaged 152c/kg.

Woonoona Pastoral Co, Woonoona, Roma, sold Santa-cross heifers to 184c for 382kg to return $704.

P & R O’Brien, Ivanhoe, Roma, sold Droughtmaster-cross heifers to 182c for 352kg to return $642.

R & E Lister, Trevallen, Roma, sold Angus-cross heifers to 177c for 281kg to return $499.

R & S Pether, Autevil Station, Barcaldine sold Charbray heifers to 174c for 293kg to return $511.

Nardoo Pastoral, Nardoo Station, Cloncurry, sold Droughtmaster heifers to 168c for 273kg to return $459.

Cows over 500kg sold to 145c/kg and averaged 139c/kg, while cows 400-500kg topped at reached 143c/kg and averaged 129c/kg. Cows in the 300-400kg sold to 137c/kg and averaged 111c/kg.

Cows and calves sold to $860, while plainer sorts sold between $430 and $490/unit.

Bulls up to 400kg reached 185c/kg and average 157c/kg.

 

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