Markets

Roma store 5 Apr 2016: Restockers more selective

James Nason, 06/04/2016

NLRS Roma market sale commentary

Yarding 3232 Change -1946

Yardings fell 40% and the quality of store cattle penned also declined. A good panel of restocker buyers were present, but were operating more selectively.

Prices dropped 11c to 13c/kg for feeder weight store cattle with several feedlot buyers not at the sale. Less feedlot buyer competition for light weight yearling heifers meant restocker buyers were able to purchase heifers at 12c/kg cheaper on average. Cows were firm in price to 5c/kg cheaper to processor buyers. Steer calves sold to 412c and averaged 380c, down 5c/kg. Light weight yearling steers sold to 356c and averaged between 331c and 340c/kg. Medium weight yearling steers to feed reached 310c and averaged 302c, while those returning to the paddock hit 330c and averaged 317c/kg. Heavy weight yearling steers to feed made to 296c and averaged 293c, down 13c/kg.

Light weight yearling heifers reached 344c to restocker buyers, while most averaged between 303c and 312c/g. Medium weight yearling heifers to feed topped at 300c and averaged 290c, down 11c/kg. Medium weight 3 score cows earned to 229c and averaged 220c, down 5c/kg. Heavy weight 4 score cows topped at 240c and averaged 238c, down 1c/kg.

Weekly Roma Store press report

Roma cows and calves make $1475/unit

A total of 4515 head of cattle were consigned at Roma’s Store Sale.

Weaners under 220kg topped at 362c/kg and averaged 320c/kg, while weaner steers in the 220-280kg range reached 362c/kg and averaged 321c/kg. Steers in the 280-350kg range reached 348c/kg and averaged 311c/kg, and steers in the 350-400kg range reached 330c/kg and averaged 286c/kg. Feeder steers in the 400-550kg range topping at 302c/kg and averaging 280c/kg.

Ces Russell, Ingledoon, Augathella, sold Santa steers to 362c/kg for 266kg to return $965/head.

R & J Copeland, Knockbine, Taroom, sold Angus-cross steers to 348c for 313kg to return $1091. The Angus-cross heifers sold to 346c for 243kg to return $842.

D Heinz, Tatiara, Drillham, sold Charolais-cross steers to 346c for 257kg to return $890.

Palmtree Grazing Co, Palmtree, Taroom, sold Santa-cross steers to 344c for 290kg to return $999. The Santa-cross heifers sold to 332c for 285kg to return $947.

L Littlewood & C Bignell, Tanilba, Yuleba, sold Charolais-cross steers to 342c for 260kg to return $889.

J & J Creevey, Lucknow, Augathella, sold Charolais steers to 340c for 257kg to return $876. The Charolais-cross heifers sold to 312c for 267kg to return $834.

A & C Adams, Allo-omber, Barcaldine, sold Brahman-cross steers to 334c for 336kg to return $1125.

Ben & Kylie Hindle, Larnook, Mungallala, sold Charolais steers to 332c for 320kg to return $1063.

S & R White Family Trust, Mt Saltbush, Roma, sold Angus-cross steers to 330c for 323kg to return $1067.

C & M Eddie, Roma, sold Hereford-cross steers to 325c for 340kg to return $1105.

Echo Hills Cattle Partnership, Echo Hills, Wallumbilla, sold Simmental-cross steers to 294c for 487kg to return $1434.

Tim O’Brien, Tyrone, Roma, sold Shorthorn-cross steers to 293c for 526kg to return $1544.

Lockerbie Farms, Bindi, Wallumbilla, sold Santa-cross steers to 292c for 445kg to return $1300.

Moonya Pastoral Co, Moonya, Roma, sold Santa-cross steers to 291c for 441kg to return $1284.

Margaret Fisher, Maroomba, Muttaburra, sold Brahman steers to 283c for 345kg to return $977.

Heifers in the 350-450kg range reached 304c/kg and averaged 269c/kg. Heifers in the 280-350kg range topped at 332c/kg and averaged 274c/kg. Heifers in the 220-280kg range topped at 346c/kg and averaged 298c/kg, while heifers under 220kg topped at 346c/kg and averaged 319c/kg.

M & K Groat Family Trust, Castle Hill, Injune, sold Droughtmaster heifers to 340c for 204kg to return $694.

K & S Ferguson, Lindilla, Roma, sold Cross bred heifers to 320c for 225kg to return $720.

Goorarooman, Thallon, sold Santa-cross heifers to 310c for 291kg to return $902.

Joy Naish, Coralbyn, Wandoan, sold Angus-cross heifers to 307c for 273kg to return $841.

Cows over 500kg sold to 256c/kg and averaged 222c/kg, while cows 400-500kg topped at reached 236c/kg and averaged 201c/kg. Cows in the 300-400kg sold to 223c/kg and averaged 165c/kg.

Droughtmaster cows and calves sold to $1475 and across the board cows and calves averaged $1088/unit.

Bulls up to 400kg reached 296c/kg and averaged 262c/kg.

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