Pakenham Cattle Report

There were approximately 120 cows and 20 bulls penned representing a decrease of 100 head week-on-week. The usual buying group was present and competing in a dearer cow market, while the bull market was cheaper. Quality was fair, with fewer dairy cows on offer and only a limited supply of well finished heavy beef cows. Prices for cows lifted 3c to 9c/kg on most sales. Heavy weight bulls eased 17c/kg with quality an issue.

Most light and medium weight cows sold from 190c to 231c/kg. Heavy weight cows made mostly between 200c and 250c after a top of 270c/kg for a high yielding European bred cow. Heavy weight bulls sold between 232c and 245c/kg.

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Wagga Cattle Report

Numbers dipped moderately as the market continued its buoyant run with all categories showing a significant lift in prices. Yearlings and weaners made up the bulk of the offering. Not all export processors attended or operated. Lot feeders were out in force and restockers were also keen to mix with lot feeders in all categories under 400kg.

Vealers were in reasonable supply and quality was good. European vealers and their crosses made from 285c to 309c/kg. The yearling trade market increased 7c to 10c/kg. The main run of heifers averaged 272c, while the steer portion sold at 274c to 297c/kg. Restocking competition increased as there was plenty of interest from the north. The bulk of the store steers made from 286c to 344c/kg. The heifer portion sold up to 30c dearer, making from 278c to 328c/kg.

Feeder steers were well supplied and completion was stronger. Medium weight steers lifted 9c to average 286c/kg. The general price trend for feeder heifers was much weaker, with not all buyers operating. The bulk of the lighter weight heifers, 330-400kg, sold 24c dearer, making from 240c to 287c/kg. Export steers sold strongly from the commencement of the market and prices generally increased 9c/kg. The better C3 and C4 steers sold from 280c to 290c and averaged 281c/kg. In the cow market quality was fair to good. There was a significant price lift over all categories. Heavy cows topped at 245c to average 230c/kg. The D3 medium weights were in reasonable supply selling from 205c to 228c/kg.
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Bendigo Sheep & Lamb Report

Lamb numbers overall remained similar, although there was a better selection of trade and export slaughter types compared to last week’s plain yarding that was dominated by store stock. Demand from processors intensified, amid reports the supply pool of well finished young lambs remains tight due to the patchy season. One southern-based exporter purchased lambs early in the sale which were being trucked out for a same-day kill, while a major domestic buyer was sending lambs north for processing due to a lack of quality lambs in NSW because of the dry conditions. Prices lifted by $3 to $7/head, with the best gains seen across
the medium and heavy trade weight young lambs. Restockers pushed into bigger framed and heavier lambs, led by specialist finishers from Ballarat who paid from $140 to $150/head in a stronger showing compared to last Monday.

Prices reached a top of $188 for heavy export young lambs estimated at around 29kg cwt and it was one of 10 pens to make over $180/head. The highlight of the market was demand for medium and heavy trade lambs, with the bulk of pens over 22kg making from $150 to $170/head. The main run of crossbred young lambs in the 22-24kg category averaged $160/head. Medium domestic lambs were also well supported with the main runs being crossbreds weighing 20-22kg cwt averaging $144/head. Estimated carcase averages improved to between 610c to 640c/kg cwt, although there was select pens of ideally presented
domestic lambs which made much higher money at times. Specialist restockers from Ballarat competed against processors on trade weight lambs, paying from $140 to $150/head for bigger types to turn-out. Smaller store lambs stayed in a similar dollars per head price band to last week at $90 to $118/head for most, selling to orders from Echuca, Shepparton, Birchip, Horsham and Naracoorte in SA.

There was a 20% lift in sheep numbers to just over 8,500 head, and a full field of buyers operated with trade weight and light mutton the most sought after article. Extra heavy crossbred ewes, and there was a lot of weight across the offering, sold at similar prices to a week ago at $100 to $118/head for most. Prices for leaner trade weight and light sheep lifted by $10 to $15, with the bulk of the recently shorn Merino ewes and wethers making from $90 to $115/head as estimated carcase rates improved to 440c/kg cwt.
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Pakenham Cattle Report

There were approximately 380 export and 350 young cattle penned, representing an increase of 250 head week-on-week. The usual buying group was present and competing in a dearer market. Quality improved again with a larger proportion of finished cattle throughout. A larger and better quality selection of vealers sold 5c to 10c/kg dearer. A limited selection of yearling trade steers and a good offering of heifers sold firm on most sales. Competition strengthened for secondary young cattle suited to feed or turn out. Grown steers and bullocks sold 2c to 3c/kg dearer. Heavy weight Friesian manufacturing steers lifted 17c while the crossbred portion gained 14c/kg.

Vealers suited to butchers sold from 306c to 339c/kg. Yearling trade steers made between 285c and 330c/kg. Yearling heifers to the trade sold between 262c and 295c/kg. Young steers suited to feed and restock made from 245c to 336c/kg.

Grown steers sold from 270c to 290c/kg. Bullocks made between 265c and 290c/kg. Heavy weight Friesian manufacturing steers sold between 235c and 258c, while the crossbred portion made between 253c and 276c/kg.
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Pakenham Cattle Report

There were approximately 290 export and 200 young cattle penned, representing an increase of 140 head week-on-week. The usual buying group was present and competing in a dearer market. Quality improved with more prime cattle on offer, a greater proportion of which were showing better condition as the season changes. A slightly larger selection of vealers increased 15c to 25c/kg for better quality. The few yearling trade steers yarded sold 10c to 20c/kg dearer. Yearling heifers to the trade improved 5c to 15c/kg. Grown steers and bullocks gained 13c to 14c/kg. Manufacturing steers were a few cents better.

Vealers suited to butchers sold from 292c to 335c/kg. Yearling trade steers made between 280c and 295c/kg. Yearling heifers to the trade sold between 260c and 285c, after a top of 310c/kg.

Grown steers made from 256c to 292c/kg. Bullocks sold from 270c to 290c/kg. Heavy weight grown heifers showing good finish made between 255c and 265c/kg. A small number of Friesian manufacturing steers sold between 232c and 242c, with the crossbred portion making between 247c and 265c/kg.
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