Trade steers remain steady while medium steers up by 1c/kg in markets

Roma-12At the close of Thursday’s markets, the Eastern Young Cattle Indicator (EYCI) declined 1.50¢ on where it finished the previous day, at 592.75¢/kg cwt

  • Trade steers were steady, on 309¢/kg lwt
  • Medium steers were up 1¢, to 282¢/kg lwt
  • Heavy steers were back 3¢, to 284¢/kg lwt
  • Medium cows were back 1¢, to 219¢/kg lwt
  • Feeder steers were back 1¢, on 316¢/kg lwt

Numbers at Roma Prime declined 22%, to 903 head. Quality was similar across the sale this week, with bullock and grown heifer categories much plainer. All major processors were in attendance, operating fully in a firm market.

  • Heavy C4 grown steers to slaughter were 4¢ lower, averaging 285¢/kg
  • Light D3 grown feeder heifers averaged 271¢/kg
  • Heavy D4 cows to processors averaged 240¢, back 3¢/kg

Dubbo cattle throughput decreased slightly week-on-week, to 4,390 head. It was a plainer yarding in quality overall, with a large influence of lines drawn from the far west. Prime cattle were in good supply, however not all buyers operated in the cheaper market.

  • Heavy C3 yearling steers to feed eased 8¢, averaging 312¢/kg
  • Heavy C3 yearling feeder heifers were 11¢ lower, averaging 291¢/kg
  • Medium C3 grown steers to feed held firm, averaging 311¢/kg
  • Heavy D4 cows to processors were 7¢ lower, averaging 222¢/kg

Consignments at Bairnsdale declined 15%, to 1,151 head. A plethora of buyers were in operation, with the market holding firm to easier in places. A slight decline in quality saw prices trend similarly in some categories, with competition strong across prime cattle lines.

  • Heavy D2 yearling heifers to slaughter were 4¢ dearer, averaging 256¢/kg
  • Heavy D3 grown steers to processors averaged 282¢, down 1¢/kg
  • Heavy D2 cows to the same orders eased 9¢, averaging 213¢/kg

http://www.mla.com.au/Prices-markets/Friday-daily-cattle-summary-110316

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