Tuesday Daily Livestock Article

AUSTRALIA - There was a drop in supply and quality was not up to last weeks standard at Toowoomba Elders.
calendar icon 1 February 2011
clock icon 2 minute read
Meat & Livestock Australia

Medium vealer steers to feed averaged 222¢/kg as the heifers to slaughter achieved the same price. Medium yearling steers to restock averaged 230¢ as feeders paid around 211¢/kg. Medium weight heifers to the trade gained 2¢ to 203¢/kg. Heavyweight grown steers settled around 190¢ with the few medium cows averaging 143¢/kg.

Numbers dropped sharply at Tamworth with quality also slipping. Medium weight vealer steers to restockers made 250¢ the heifers around 226¢/kg. Lightweight yearling steers back to the paddock averaged 230¢ and medium weights were around 212¢/kg. Lightweight yearling heifers also to producers averaged 194¢/kg. Heavyweight grown steers eased back to settle around 190¢ and heavyweight cows were 2¢ cheaper averaging 148¢/kg.

At Wagga supply was back but quality was good with well bred young cattle on offer. Medium vealer steers to feed averaged 239¢/kg. Light yearling steer to feeders eased slightly to 219¢ as the heavyweights were firm on 205¢/kg. Medium heifers to feed averaged 208¢ and heavyweights gained 4¢ to 201¢/kg. Heavyweight grown steers were steady on 197¢ as heavy cows sold 6¢ cheaper on 158¢/kg.

After Monday's markets the Eastern Young cattle Indicator (EYCI) had eased 15.50¢ for the week to settle on 388¢/kg cwt. The trade steer indicator slipped 5¢ to 205¢ and feeder steers were down 5¢ to 207¢/kg lwt. Japan ox was down 9¢ to 188¢ and medium cow was 4¢ cheaper on 147¢/kg lwt.

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