Market Report – 21 February 2019

Total Yarding: 1,506

Numbers lifted and the increase was from weaners and cows. There was a mixed run of yearlings in both breed and quality. The return of an export buyer pushed prices on the heavier cattle, but not all the usual backgrounding and restocking orders were in place.

Most of the weaners were 20c to 30c cheaper with steers 220c to 271c with a pen to 301c/kg. Heifers ranged from 205c to 245c/kg. Feeder steers sold to a cheaper trend, with the medium and heavy weights receiving from 234c to 272c, averaging approximately 260c/kg. Feeder heifers received from 226c to 240c/kg. Heavy trade cattle were firm, making from 245c to 255c and best of the veal reached 280c/kg.

Grown steers and bullocks were 12c to 16c dearer, making from 238c to 272c and the grown heifers were 10c stronger, receiving from 200c to 248c/kg. Cows were close to firm on the light and medium weight 1 and 2 score cows, with the medium weight 2 scores receiving from 145c to 176c, but heavy 3 and 4 scores lifted 6c to 9c on average, making from 177c to 200c to average 190c/kg.

Market Report: MLA’s National Livestock Reporting Service.

Photo: Annette & Max McDonald, Binda (pictured) sold a total of 40 Angus x Steers with Duncombe & Co to a top of 270c/kg, av 441.9kg, $1193ph.

Click here to download the full SELX Market Report – Prime Cattle sale – 21 February 2019.

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