Market Report – 31 October 2019

Total Yarding: 1,439

Numbers were steady and the quality was a little more mixed in both breed and condition. Yearlings were well supplied and most were purchased by feeder orders. Grown steers were limited. 530 cows were offered in a good quality run with plenty of heavy weights penned. There were a few more open auction calves. The market sold to a cheaper trend.

Weaners were 5c cheaper with steers making from 215c to 280c and heifers selling from 180c to 220c/kg. The open auction calves sold to $312/head for a line of heifers. Medium weight feeder steers were 12c cheaper, making from 261c to 300c/kg. Heavy weights eased 6c, selling from 270c to 295c/kg. The feeder heifers averaged 15c cheaper with breed a major factor, with the top line back 8c to 10c, selling from 220c to 272c/kg. The few heavy trade cattle held firm, making from 280c to 306c/kg.

A limited supply of grown steers sold to 290c and the best of the heavy heifers reached 286c/kg. The 2 score cows were 9c dearer with solid competition from restockers, selling from 190c to 221c/kg. Heavy cows were 8c easier making from 224c to 261c, averaging 246c/kg.

Market Report: MLA’s National Livestock Reporting Service.

Photo: Nick Harton, Jim Hindmarsh & Co sold 8 Angus x Steers on behalf of J&E Elliot, Binalong for 305.2c/kg, av 480kg, $1464.96ph.

Click here to download the full SELX Market Report – Prime Cattle sale – 31 October 2019.