Market Report – 7 May 2020

Total Yarding: 553

A reduced offering of cattle and a few buyers not operating did not affect the young cattle prices. Even though there was only a limited number, restockers were the major buyers and keep prices dearer on the majority of cattle. Trade cattle were in short supply and there was a very good run of grown steers. Grown heifers were in demand from Restockers and there were only 120 cows which sold to weaker competition and cheaper prices.

Weaner steers sold from 400c to 514c/kg to restockers. Heifers made from 375c to 404c/kg. Prices were dearer on the lighter weights and firm on those over 200/kg. Yearling steers returning to the paddock were 6c to 8c stronger receiving from 349c to 419c/kg. Restocking heifers medium and heavy weights had similar gains, selling from 290c to 384c/kg. The few medium weight feeder steers were firm selling to 385c/kg. Trade heifers reached 400c/kg.

Grown steers lifted 8c on average, selling from 320c to 362c/kg. Grown heifers to restocking orders sold to 351c, lifting 10c to 15c/kg. Cows were 10c/kg cheaper. Heavy weights sold from 240c to 288c/kg. Medium weights sold from 245c to 270c, with the lighter restocking cows making from 255c to 296c/kg.

Market Report: MLA’s National Livestock Reporting Service.

Photo: Carrawongy Pastoral Co, Roslyn sold 7 Angus Cows with Duncombe & Co for 278c/kg, av 652.9kg, $1814.94ph.

Click here to download the full SELX Market Report – Prime Cattle sale – 7 May 2020.