Heifers to feed rise in price to 272c/kg this week

SELX-Cattle-Dec-7

David Corcoran, Delta Agribusiness sold 7 Angus vealer steers on behalf of Cavanagh Grazing, Boorowa to a top of 311c/kg, av 341.4kg, $1061.84ph.

Heifers to feed sold to slightly stronger prices to average 268c to 272c/kg at SELX this week.

Due to good rainfalls in the supply area numbers declined. Quality was also affected with a plainer run of cattle.

Yearlings were well-supplied and grown steers and heifers were well back in numbers. Only 85 cows were offered to a reduced field of buyers.

The market trend was cheaper, but this was mostly quality driven.

Restocking vealer steers sold to 314c/kg on medium weights. Vealers to process made from 285c to 301c/kg. Feeder steers averaged cheaper, but there was not the quality of previous weeks with prices from 262c to 302c/kg. Medium weight steers to restock reached 314c/kg.

Only a few trade cattle were sold and steers made from 272c to 290c/kg.

A very limited supply of grown steers sold to similar prices with 2 tooth steers reaching 285c and older steers starting at 245c/kg.

Grown heifers were 2c to 4c/kg cheaper. Restockers paid 214c to 240c/kg for the lighter weights. Heavy processing heifers sold from 240c to 265c/kg.

Cows were firm to a few cents easier. Medium weight 2 score cows 190c to 218c/kg. Heavy weights 200c to 232c averaging 216c/kg.

Market Report: MLA’s National Livestock Reporting Service.

Category Weight c / kg $ / Hd
Light Steers < 350 Top 314.2 $1,081
Av 289.9 $935
Light Heifers < 350 Top 304.6 $996
Av 267.2 $811
Trade Steers 351 – 500 Top 310 $1,382
Av 287.4 $1,172
Trade Heifers 351 – 500 Top 295 $1,247
Av 243.7 $993
Export Steers 501+ Top 285 $2,003
Av 263.2 $1,589
Export Heifers 501+ Top 265 $1,617
Av 244.1 $1,360
Cows Top 232 $1,537
Av 215 $1,177
Bulls < 700 Top 248.2 $1,351
Av 219.5 $1,065
Bulls > 700 Top 255 $2,500
Av 240.1 $2,001