Market Report – 18 April 2024

Prime Cattle

Total Yarding: 1,822

Numbers continue to increase, lifting by 780, for a total yarding of 1822 mixed quality cattle. There were several lines of outstanding grown steers, along with some good pens of yearlings attracting keen competition between feedlot buyers and the restocker orders. Well finished yearlings to suit the trade were limited, and there were 580 mostly plainer quality cows. All the usual buyers were operating, selling to a softer market.

Trade yearling steers slipped 15c, selling from 280c to 320c, and heifers to process also cheaper, making from 240c to 290c/kg. Feeder steers slipped 15c ranging from 250c to 342c, and heifers to feed were 20c softer, to average 262c/kg.

Well, finished heavy cattle were firm, however the plainer types were heavily discounted. Steers sold from 212c to 327c, and heifers made from 190c to 300c/kg. Leaner cows to process were at least 40c cheaper, and heavy prime cows declined 30c, selling from 174c to 236c/kg.

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

Photo: 13 Angus Steers sold for 340c/kg, ave 381.5kg, $1297ph by Jim Hindmarsh & Son on behalf of A & V Henry.