Market Report – 11 July 2024

Prime Cattle

Total Yarding:  1,019hd (+374)

The major highlight of today’s sale was that the cow market was extremely strong. Heavy prime cows reached 325c, and the leaner types sold from 160c to 278c/kg. Cows made up over half of the increased yarding of 1020 mixed quality cattle. There were a few good pens of trade yearlings, along with some good runs of feeder heifers. There was an increased number of secondary cattle. All the usual buyers were operating, with strong demand for well-bred and finished cattle, but less demand for plainer stock.

Trade yearlings reached 355c, to average 320c/kg. Feeder steers were mostly firm, selling from 255c to 368, and heifers to feed lifted 6c, making from 230c to 314c/kg. There was still keen interest from restockers for the better types, with the steers topping at 345c, however got down to 80c/kg. There were similar trends for the heifers, selling from 70c to 300c /kg.

Heavy grown cattle were firm to a few cents dearer, with the steers ranging from 265c to 376c, and heifers made from 255c to 348c/kg. Heavy bulls to process were over 20c better, selling from 180c to 265c/kg.

Market Report: MLA’s National Livestock Reporting Service.

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