MLA: Daily Cattle Market Summary
AUSTRALIA - The cattle markets remain largely unchanged with varied quality at Wagga and Toowoomba, write market analysts at Meat and Livestock Australia.
22 January 2013
1 minute read
Toowoomba
Numbers remained similar to the previous week at Toowoomba and quality was mixed, especially in the young cattle section.
Medium weight yearling steers to feed were 2¢ higher on 176¢, while medium weight yearling heifers to slaughter were 2¢ dearer on 175¢/kg.
Heavy grown steers to slaughter gained 1¢ to 184¢, while medium weight cows to processors lifted 5¢ to average 106¢/kg.
Wagga
Yardings decreased at Wagga and quality varied across all weights and grades. Medium weight yearling steers to feed were 4¢ lower on 158¢, while heavy weight yearling steers to feed lost 6¢ to 158¢/kg.
Medium weight yearling heifers decreased 8¢ to 141¢/kg. Heavy cows to slaughter were 11¢ cheaper on 113¢/kg.
Market Conclusion
At the conclusion of Monday’s markets the Eastern Young Cattle Indicator (EYCI) was unchanged on 312¢/kg cwt.
Trade steers lost 4¢ to 167¢, while feeder steers were unchanged on 169¢/kg lwt.
Medium and heavy steers both decreased 2¢ to 161¢ and 162¢/kg lwt respectively.
The medium cow indicator was 1¢ lower on 122¢/kg lwt.
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