Naracoorte Cattle Report

Numbers remained steady, as agents yarded 402 live weight and open auction cattle. These sold to a smaller field of trade and processor buyers, with both feeders and restockers present and active across the offering. Quality was only fair at best, with the majority of the offering being of store condition, however demand was good, as the market sold to mainly dearer prices than the week before.

There were insufficient yearling steers for the trade to provide a quote, with steers suitable to feed on, making from 280c to 311c, with a lift of 10c to 20c, as restockers operated from 220c to 293c/kg. Yearling heifers to the trade varied from 276c to 297c, as feeders sought supply from 200c to 284c, with restocker activity from 170c to 260c/kg.

Grown steers were also small in number, with the few suitable for the trade receiving from 295c to 310c, with feeder support on lighter weights from 280c to 295c/kg. Grown heifers sold from 232c to 292c/kg. Heavy cows received a lift of 5c, as they made mainly from 210c to 242c, with an isolated sale of younger types to 249c/kg. Light cows made from 154c to 180c as bulls sold from 180c to 210c/kg.
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Wagga Cattle Report

Numbers lifted due to the public holiday last week. Quality was mostly plain, with the bulk of the cattle in store condition. Trade cattle were in short supply. Feedlot buyers were present and operating over all categories. Heavy steer and bullock numbers contracted as winter closes in. Cow numbers dipped slightly, with just over 1,100 penned. Restockers attended and ignited the bidding for lines of well-bred steers weighing 200-330kg.

Domestic cattle prices were unchanged to a few cents dearer. Trade steers sold to solid demand for the limited number to average 315c/kg. Trade heifers benefited from feedlot competition, resulting in a dearer trend of 3c, the bulk making from 260c to 299c/kg. There were numerous lines of well-bred light weight weaner steers and heifers which inspired local restockers, commission buyers and agents. Weaner steers weighing 200-280kg sold 18c dearer, making from 245c to 327c/kg. The lighter weight heifers sold 31c dearer to average 229c/kg. The usual buying group operated in the feeder steer market. The bulk of the medium steers were unchanged, averaging 306c/kg. There was significantly stronger demand for feed steers weighing 330-400kg. The well bred portion lifted 9c, making from 260c to 322c/kg. Light weight feed heifers also attracted a large field of buyers, pushing prices 19c higher to average 282c/kg.

Grown steers and bullocks were in short supply. The C3 and C4 steers and bullocks sold from 260c to 300c/kg. The cow market sold to stronger competition for well finished types, while leaner grades sold to fluctuating competition. Heavy cows gained 7c to average 230c/kg. The D2 and D3 cows sold to spirited bidding at times from restockers, making from 132c to 224c/kg. Cows to turnout sold to a large group of store buyers, making from 170c to 230c/kg.
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Bendigo Sheep & Lamb Report

Lamb numbers remained low at 12,000 head as selling resumed after last week’s public holiday. There was some impressive heavy and trade lambs off supplementary feed yarded, alongside plainer and rougher-skinned types showing the effects of the season. Buyers did reward weight and finish, with six pens of extra heavy export lambs making from $300 to a top of $326/head – the highest dollar per head price recorded at Bendigo this season. Although, the market did perform on quality, with secondary types not experiencing the same level of demand and carcase prices on the top drafts. The best processor lambs gained $10 to $28/head compared to a fortnight ago. Smaller and light weight lambs under 20kg cwt were often cheaper, with quality a factor. Buyers have begun working on lower skin values, with most trade and export buyers only expecting from $3 to $5/head for reasonable pelts off crossbred lambs.

Extra heavy lambs sold from $300 to a top of $326/head, with the main run of cross breds over 30kg cwt averaging close to 880c/kg cwt. Competition was strongest on heavy and medium domestic lambs. The best 26-30kg cwt lambs sold from $243 to $288 to average $273/head. The 24-26kg cwt lambs made from $221 to $265 to average $251 and the 22-24kg cwt cross breds sold from $208 to $236 to average $225/head. On a carcase basis, these quality lambs were returning estimated averages from 930c to 960c, with individual pens going as high as 1,000c/kg cwt at times. This was at a premium to the secondary lambs that varied from 800c to 880c/kg in an erratic market. Plainer lambs also had highs and lows, with some strong sales to feedlots and restockers. However, the overall trend on the plainer and small lambs was cheaper. Heavy Merino lambs off supplementary feed and with good fat cover sold from $201 to $238/head to average over 800c/kg. Plainer and lighter Merinos mainly sold from $130 to $180/head to be trending in the 770c/kg cwt area.

Mixed price results continued in the sheep section. Two exporters clashed over some stand-out lines of heavy Merino wethers, paying up to $227/head at over 700c/kg cwt. The best heavy Merino ewes also sold strongly from $196 to $248/head to be estimated above 600c/kg cwt. Although, carcase prices for the general run of sheep were softer than a fortnight ago.
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Pakenham Cattle Report

There were approximately 550 export and 400 young cattle penned, representing a decrease of 210 head from the sale of a fortnight ago. The usual buying group was present and operating in a mostly firm market. Quality declined, with fewer prime cattle on offer and a smaller proportion of cows. Most trade cattle sold firm and demand remained solid for finished lots, while secondary young cattle suited to feed were dearer in places. Plain conditioned light weight young cattle under 300kg sold to little demand from processors and were cheaper. Grown steers and bullocks gained a few cents. Heavy manufacturing steers eased slightly. Cows sold primarily firm to 5c/kg easier, while heavy bulls sold firm.

Vealers sold from 185c to 284c/kg. Yearling trade steers made from 280c to 315c/kg. Yearling heifers to the trade sold from 266c to 305c/kg.

Grown steers made from 273c to 313c/kg. Bullocks sold from 290c to 312c/kg. A limited selection of heavy heifers made from 231c to 280c/kg. Heavy Friesian manufacturing steers sold from 210c to 268c, with the crossbred portion receiving from 240c to 290c/kg. Most light and medium weight cows made from 140c to 205c/kg. Heavy weight cows sold primarily from 174c to 245c/kg. Heavy bulls made from 223c to 249c/kg.
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