Market Report – 10 January 2019

Total Yarding: 826

Numbers were down for the first sale of the year. Quality was good, with plenty of feeder steers and heifers, although there were few heavy weight yearlings. Heavy trade cattle were also in short supply, along with grown steers. A good run of cows were offered, these suited both Restockers and processors. The market sold to a dearer trend compared to the last sale of 2018.

Light restocking weaner steer sold to 337c and heifers reached 286c/kg. Feeder steers were 9c to 11c dearer on average, with light weights reaching 290c, as medium weights sold from 272c to 292c/kg. Heavy feeder steers made to 266c/kg. Heifers to feed were 1c to 4c dearer, making from 254c to 273c/kg. Heavy trade steers reached 277c and heifers received from 250c to 266c/kg.

The few grown steers sold from 264c to 270c and heavy grown heifers sold to 255c/kg. Most cows were 3c to 4c dearer, with the 2 score cows receiving from 168c to 193c, while heavy 3 and 4 scores sold from 192c to 217c/kg. The prime heavy weights averaged 212c/kg. Restocking cows reached 200c/kg.

Market Report: MLA’s National Livestock Reporting Service.

Photo: Duncombe & Co selling 20 Angus x Steers on behalf of D&M Chaffey for 337c/kg, av 215.5kg, $726.24ph.

Click here to download the full SELX Market Report – Prime Cattle sale – 10 January 2019.

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