Market Report – 14 March 2024

Prime Cattle

Total Yarding: 684

Numbers decreased by 245, for a total yarding of 673 fair to good quality cattle. Feeder cattle made up the bulk of the young cattle, including some good runs of yearling steers reaching 300c/kg. There were a few good pens of grown steers and heifers to suit the processors, along with 180 cows. All the usual buyers were operating, with the exception of a major feedlot buyer, selling to a cheaper market.

The limited supply of trade yearlings was back 20c, quality related, selling from 205c to 278c/kg. Feeder steers were up to 17c cheaper, ranging from 209c to 300c and heifers to feed were also cheaper, topping at 270c/kg. Weaner steers suiting the restockers sold from 260c to 344c/kg and there were not enough heifers to quote.

Grown steers fell 24c, making from 185c to 270c and the heifer portion received from 155c to 273c/kg. Heavy prime cows down 25c, selling from 182c to 206c/kg and most of the leaner cows went back to the paddock, reaching 238c/kg. A plain run of heavy bulls was much considerably cheaper.

Market Report: MLA’s National Livestock Reporting Service. Click here to download full market report.

Photo: 7 Angus Steers sold for 344.2c/kg, ave 248.6kg, $856ph by Duncombe & Co on behalf of G & K Dalbusco.