Thursday Livestock Report

AUSTRALIA - Larger cattle numbers came forward as the country around Dalby dries out. Medium vealer steers averaged between 231¢ and 243¢ as the heifers made 233¢/kg according to Meat and Livestock Australia.
calendar icon 3 February 2011
clock icon 2 minute read
Meat & Livestock Australia

Medium yearling steers to feed were firm around 211¢ as the heavyweights averaged 203¢/kg. Medium yearling heifers slipped in value to make 198¢ as heavyweights to slaughter averaged 194¢/kg. Heavyweight grown steers eased 4¢ to 182¢ as bullocks were firm on 184¢/kg. Medium cows were 4¢ cheaper around 144¢ as the heavyweights were steady on 156¢/kg.

More vealers and cows were offered at Casino and quality of the young cattle was mostly good. Lightweight vealer steers to the trade reached 290¢ and averaged 271¢ while those to restockers averaged between 253¢ and 268¢/kg. Lightweight heifer vealers averaged 277¢ as the medium weights sold around 260¢/kg. Heavyweight grown steers averaged 175¢ with the medium cows easing 3¢ to 144¢/kg.

Supply at Warrnambool increased slightly for a good quality offering that sold to a full panel of buyers. Medium vealer steers averaged 224¢ with the heifers around 217¢/kg. Heavyweight yearling steers reached 228¢ and averaged 216¢ while the heifers settled around 198¢/kg. Heavyweight grown steers averaged 200¢ with the bullocks between 186¢ and 192¢/kg. Cows sold to mixed trends averaging from 157¢ to 160¢/kg.

After Wednesday's markets the Eastern Young Cattle Indicator (EYCI) settled on 390.75¢/kg cwt. The trade steer indicator was 205¢ and feeder steer settled at 209¢/kg lwt. Japan ox was 188¢ and medium cow finished on 146¢/kg lwt.

Lamb numbers were down slightly at CTLX and all buyers were present in a dearer market. Young trade weights sold $8 dearer on $157, while the shorn pens of similar descriptions averaged $160/head. Heavy 4 score lambs gained $4, to mostly sell around $170/head or 652¢/kg cwt. Heavy Merino wethers to slaughter were firm as most pens sold around $132/head.

The lamb yarding was lower at Hamilton but quality was fair and competition was strong. Light lambs to restockers lifted $9 with most sales at $118/head. Young trade lambs were $12 dearer, selling around $148/head or 601¢/kg cwt. Heavy 4 score lambs climbed $11/head, as most pens averaged above 620¢/kg cwt. The heaviest lamb pen reached $209/head.

The eastern states restocker lamb indicator had gained 34¢ for the week, settling at 682¢/kg cwt. Merino lambs were 9¢ higher on 522¢, while light lamb lifted 47¢ - to 589¢/kg cwt. Trade lambs surged 67¢ to finish on a new high of 629¢, with heavy lambs also setting a new record of 607¢/kg cwt. The mutton indicator eased 9¢, settling on 426¢/kg cwt.

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