MLA: Daily Cattle Market Summary
AUSTRALIA - Heavy rains reduced consignments on Wednesday which pushed up prices further, report Meat and Livestock Australia.
31 January 2013
2 minute read
Dalby
Numbers at Dalby were significantly reduced ON Wednesday as wide spread flooding across the region restricted stock movements.
Restockers paid a top price of 179¢ for yearling steers, averaging around 174¢/kg.
Medium weight yearling steer to feed sold 11¢ dearer, averaging 175¢, while the light weight yearling heifers sold from 154¢ to 169¢/kg. Grown cattle available were too few to quote.
Casino
Rain at Casino reduced numbers by 22 per cent with the usual buyers present, despite a few processors absent.
Medium C2 vealer steers topped at 192¢ to make 188¢, while the heifer portion sold from 165¢ to 192¢/kg. Medium D3 cows sold 1¢ dearer, making 133¢, while the heavy weight equivalents sold from 133¢ to 143¢/kg.
Warrnambool
Throughput at Warrnambool slipped with prices improving across most categories.
Heavy B3 muscle vealer steers averaged 187¢, while heavy C3 heifer’s lines sold from 142¢ to 178¢, back 2¢/kg on average. Medium dairy yearling heifers averaged 61¢, while heavy weights to slaughter sold from 142¢ to 155¢/kg.
Heavy C4 grown steers averaged 155¢/kg. The better quality heavy cows averaged 125¢, while D3 lines sold from 105¢ to 116¢/kg.
Market Conclusions
At the close of Wednesdays markets the Eastern Young Cattle Indicator (EYCI) finished on 329.5¢, up 4.75¢/kg. Trade steers lifted 11¢ on Tuesday’s level making 182¢, while feeder steers finished on 177¢/kg.
Medium and heavy steers were relatively unchanged making 156¢ and 166¢/kg respectively. The medium cow indicator settled on 126¢, up 1¢/kg.
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