Market Report – 29 February 2024

Prime Cattle

Total Yarding:  684

A once in every 4-year sale, saw a slight increase in numbers for a total yarding of 686 fair to good quality cattle. The cow market was the highlight, lifting 20c, with heavy, prime cows reaching 271c/kg. There were a few good pens of feeder cattle, along with a few runs of well-bred weaners and there was a limited supply of cattle to process. All the usual buyers were operating, except for the cows, all other categories were firm or sold to a softer market.

Yearlings to process slipped 12c, quality related, 230c to 314c/kg. Feeder steers eased a few cents, with the medium weight steers making from 261c to 350c and the heavy weights topping at 324c/kg. Feeder heifers were price unchanged, averaging 265c/kg. Young cattle returning to the paddock didn’t make the prices of previous sales. Light weight steers sold from 240c to 361c, and heifers made from 230c to 324c/kg. Heavy grown cattle were firm, with the steers ranging from 250c to 306c and the heifers received 210c to 290c/kg.

Cows to the restockers topped at 253c and heavy prime cows selling from 245c to 271c/kg. A plain run of heavy bulls reached 230c/kg.

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

Photo: 15 Angus Heifers sold for 295.2c/kg, ave 472.3kg, $1394ph by AgStock on behalf of R, M & R Hyles.