Naracoorte Cattle Report

Numbers eased as agents offered 642 head of live weight and open auction cattle. These sold to the usual array of trade and processor buyers, with an additional trade buyer in the group however he was not active across the yarding. The usual feeder orders continued to be strong on suitable types, while an additional restocker buyer was strong and competed to help add strength to the market. It was another very mixed offering of cattle with all weights and grades available, as the market strengthened this week and sold to better rates then the week before, with improvements from 8c to 15c/kg on most categories.

A small number of B muscled vealers came forward, with the steers selling to 323c, while the heifers made to 314c/kg, with both lots going back out to the paddock. Yearling cattle were very mixed in quality, as steers to the trade improved 8c to make from 260c to 340c, with similar heifers selling from 288c to 320c/kg. Feeder steers made from 290c to 340c, while feeder heifers sold from 210c to 313c/kg. Restockers bought steers from 260c to 289c and heifers from 248c to 308c/kg.

Grown steers and bullocks remained steady in numbers, with an increase in price here from 15c to 20c, to sell from 310c to 347c/kg. Grown heifers returned vendors from 240c to 332c and manufacturing steers sold to 275c/kg. Heavy cows were in demand and some strong competition saw an increase in price of up to 13c, as these sold from 256c to 290c, with the lighter selection making from 196c to 248c/kg. Bulls sold from 218c to 265c/kg.
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Bendigo Sheep & Lamb Report

Lamb numbers increased, boosted by the appearance of new season lambs with 3,600 included in the draw. All the usual buyers attended plus an additional order from a local abattoir that has reopened after an extended closure. The market was erratic, and there was some stronger results late in the sale and also for any stand-out lambs in short-skins. The overall result was an easier trend of $7 to $12/head across the new season lambs to processors, while heavy old season lambs recorded similar price corrections. Lightweight and plain old season lambs held their value the best thanks to ongoing MK processor support.

Heavy new season lambs sold to $236, but it proved a one-off sale with the balance of the 24kg to 26kg cwt pens making from $205 to $225/head. The majority of the young lambs to processors were in the 22kg to 24kg cwt range and sold from $190 to $205 to average $197/head at an estimated average of 810c/kg cwt. Medium weight young lambs with less finish sold from $158 to $170/head to also record carcass rates around the 800c/kg cwt mark. Restocker interest is increasing as more young lambs become available. The best lines of young lambs 16kg to 18kg cwt to the paddock, made from $140 to $147, and the next size down made from $121 to $138/head. There was another large draft of young May/June drop Merino lambs sent down from NSW which made $111 to $138/head, cheaper than a week ago but still among the highest carcass rates in the sale due to size.

The line-up of old lambs has become very patchy as tail-end drafts are sold. The heaviest lambs, often in pen lots of less than 10 head, sold from $240 to a top of $269/head. There was a lot of trade and heavy old lambs between $170 to $220/head, with buyers applying discounts for any poorly presented longer-wool lots. On a carcass basis old lambs fluctuated between 700c to 800c/kg cwt depending on quality, with just select sales higher. Lightweight lambs bucked the trend to be firm to dearer in places at $110 to $140/head for most as exporters filled MK (Muslim Kill) orders.

Sheep numbers lifted, with some reasonable numbers of Merino wethers and ewes offered. The supply of big crossbred sheep is currently limited. Bidding for mutton was also erratic, but generally at dearer levels to a week ago. The best lines of Merino wethers and ewes tracked over 600c/kg cwt, reaching a top of $201/head. Big crossbred ewes topped at $210/head, but on a carcass price basis were easier.
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Wagga Cattle Report

Despite some rain across the supply area, numbers increased and competition faded. Secondary yearling heifers and steers were well supplied along with a mixed selection of crop finished stock. Not all feedlots were at the market or operating fully. Heavy steer and bullock numbers
improved and so did competition. Cow numbers remained high, with just over 800 yarded.

Prices were cheaper for all types of domestic processor cattle. Even with a major domestic buyer operating in the market, trade heifer prices eased 15c to average 305c/kg. Trade steers sold to weak demand, declining 16c to make from 300c to 340c/kg. Light weight weaner steers were well supplied and competition was patchy, resulting in a price correction of 44c, with the bulk averaging 276c/kg. A reduced field of feedlot buyers were operating at the market however, due to the cheaper trend a feedlot did begin to buy mid sale, helping to cement a floor in heifer prices. There was significantly weaker demand for feed steers 330-400kg, with the well-bred portion easing 27c, making from 258c to 322c/kg. Light weight feed heifers attracted a smaller field of buyers resulting in prices declining 8c to average 281c/kg.

Grown steers and bullocks were in reasonable numbers and quality was quite good. The C3 and C4 steers made from 303c to 345c/kg. The cow market sold to slightly stronger demand for heavy well finished types. Heavy cows gained 5c to average 266c/kg. The D2 and D3 cows sold to steady competition from southern processors. The bulk of the D2 and D3 types sold from 198c to 257c/kg.
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Pakenham Cattle Report

There were approximately 470 export and 300 young cattle penned, representing an increase of 250 head week-on-week. There was a full field of buyers present and most operated in a dearer market in places. Quality was limited, with finished cattle scarce while secondary and plainer lots were well supplied. Young cattle suited to the trade gained a few cents. Grown steers and bullocks improved 5c, with cows increasing from 10c to 20c/kg. Bulls sold slightly dearer.

Vealers sold from 270c to 352c/kg. Yearling trade steers made from 315c to 362c, with yearling heifers to the trade making from 280c to358c/kg.

Grown steers made from 306c to 334c, while bullocks sold from 312c to 362c/kg. Heavy crossbred manufacturing steers made from 274c to324c/kg. Most light and medium weight cows sold from 190c to 268c, with heavy weight cows making from 227c to 298c/kg. Heavy bulls sold from 284c to 325c/kg.
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