Markets

Roma store sale 23 June: Prices kick with restocker and feeder demand

Beef Central, 23/06/2021


Attached is the Roma Store Press Report.
Image – Meeleebee Downs, Wallumbilla Angus heifers that sold to 248c/kg, reaching a top of $932 to average $584.

Yarding 4576 Change 488

Cattle were predominantly drawn from the local supply area, but did include a large single vendor run from the Winton region.

Steers accounted for over half of the yarding and the overall quality was good, with numbers of quality local weaners present.

A good buying panel was present and operating, with strong restocker and feedlot activity however two regular processors were absent.

Strong competition saw prices improve for steers across the board with the exception of the limited number of light weight steers under 200kg offered, which fell in price.

Light weight steers under 280kg rose by 22c to 45c, while medium weight steers under 330kg gained 18c to 69c/kg. The lead of the medium weight yearling steers under 400kg rose by 2c to 67ckg, off the back of very strong demand for a run of quality local EU angus steers.

Heifers mostly improved with light weight weight yearling heifers under 280kg up by 6c to 37c/kg. Medium weight yearling heifers under 330kg to restockers lifted in price by 69c, while medium weight yearling heifers under 400kg to restockers rose by 14c/kg. Heavy weight yearling heifers to feed gained 38c/kg.

Cows mostly improved despite the reduced processor competition with medium weight 3 score cows up by 3c and heavy weight 3 score cows up by 4c/kg.

Light weight yearling steers under 200kg remain present in limited numbers and sold to a top of 606.2c to average 539c/kg. Yearling steers under 280kg to restockers made to 660.2c to average 565c/kg. Medium weight yearling steers under 330kg to restockers sold to 628.2c to average 566c/kg. Yearling steers under 400kg to restockers made to 624.2c to average 536c/kg. Heavy weight yearling steers over 400kg to feed reached a top of 465.2c to average 445c/kg.

Light weight yearling heifers under 200kg to restockers reached a top of 558.2c to average 515c/kg. Yearling heifers under 280kg to restockers made to 582.2c to average 546c/kg. Medium weight yearling heifers under 330kg to restockers sold to 530.2c to average 517c/kg. Yearling heifers under 400kg to feed reached a top of 460.2c to average 455c/kg. Heavy weight yearling hefiers over 400kg to feed made to a top of 427.2c to average 418c/kg.

The best of the limited numbers of grown steers sold to 370.2c to average 361c/kg.

The largest sample of grown heifers sold to a top of 340.2c to average 329c/kg.

A quality line of PTIC Angus cows sold to very strong restocker demand with the heavy weight cows reaching a top of 450.2c to average 437c/kg.

Processor demand remained firm for heavy weight 3 score cows which made to 300.2c to average 293c/kg.

Bulls felt the reduced processor competition with heavy weight bulls reaching a top of 274.2c to average 262c/kg.

Cows and calves reached a top of $1880/unit.

Market reporter: Sherril Stivano

To read full NLRS report click here

Source: NLRS 

 

 

 

 

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