Market Report – Prime Cattle – 3 November

With 961 cattle yarded at SELX, prices remained slightly dearer to unchanged. A very good quality yarding of trade to heavy weight cattle filled the yards. Cows sold to an increased rate to average 235c, 11c higher than the previous week.

Buyers appreciated the quality yarding and paid an extra 3c than the previous week for steers 350-500kg to average 341c. Heifers in the same weight category were basically unchanged to average 311c, against last weeks 309c. With a real lack of lightweight cattle, there were only 4 pens of actual store steers, which sold to a top of 424c for 295kg weaners to return $1,250.

Agents continue to increase the quality of the cattle yarded as we move deeper into the spring and the good feed takes hold. All buyers were again present with the exception of one store buyer, which did not affect prices of the heavier weight yarding of cattle.

Market Report: Sam Hunter, Landmark

CLICK HERE to download the SELX Market Report – Prime Cattle – 3 November 2016

Photo: Ben Seaman of Elders sold Angus x Heifers on behalf of JR Divall – 323.8cpk, averaging 405kg, $1,311.39ph.