Australia-Cattle markets this week.

Tuesday livestock summary

17/03/2009

Numbers at Tamworth were similar to the previous market. Yearling steers to restockers and feeders sold firm to 5ยข/kg dearer. Heifer yearlings to restock and feed sold up to 5ยข/kg dearer. Light trade heifer yearlings were up to 15ยข/kg dearer on the leaner, fresher lots. Heavyweight grown steers sold 4ยข to 6ยข/kg dearer. Cows finished 1ยข to 4ยข/kg stronger.

Numbers decreased at Wagga and quality was fair across all grades. Lightweight vealers suitable for restocking were 10ยข/kg dearer. Yearling heifers suitable for the trade were 4ยข to 5ยข/kg dearer. Feeder steers rose by 5ยข/kg and more in places. Grown steers and bullocks finished 11ยข/kg dearer. Light and medium weight cows rose by 2ยข to 3ยข/kg.

The yarding at Toowoomba lifted which contained a good run of heavyweight steers and bullocks. Yearling steers averaged 183ยข/kg. Heavyweight steers to export slaughter improved 11ยข and made from 175ยข to 184ยข/kg. Heavy bullocks averaged 4ยข dearer at 178ยข/kg. Medium weight 3 score cows made to 134ยข while heavyweights averaged 146ยข/kg.

Following Monday’s markets, the Eastern Young Cattle Indicator improved 4.5ยข on the previous week to settle at 319ยข/kg cwt. The trade steer lost 2ยข โ€“ to 168ยข while feeder steers improved a further 2ยข โ€“ to 166ยข/kg. The Japan ox indicator lifted 4ยข to 170ยข and US cow finished 2ยข dearer at 126ยข/kg.

At Dubbo lamb numbers increased and quality was mixed. Lightweights to restockers and feeders sold dearer to range from $55 to $78/head. The better finished medium and heavy trades lifted $4 to sell from $76 to $102/head and averaged from 418ยข to 435ยข/kg cwt. Heavy lambs improved much the same as the trades ranging from $94 to $141.50/head or 431ยข to 444ยข/kg cwt. Sheep numbers remained similar and values improved $3/head.

At Bendigo there was a larger number of lambs following last week’s public holiday. Trade lambs were $2 to $4 higher to range from $80 to $110, while heavy lambs were dearer and sold from $100 to $127/head. Sheep numbers increased slightly and values improved $5 to $8/head as sheep averaged 210ยข to 255ยข/kg cwt for the medium and heavyweights.

At the close of Monday’s markets, the eastern states sheep and lamb indicators were dearer than last week. Restocking lamb was 3ยข higher at 400ยข, while Merino lamb jumped 18ยข to 362ยข/kg cwt. Light lamb declined 2ยข, and trade lamb gained 13ยข, ending at 429ยข/kg cwt. Heavy lamb lifted 7ยข to 441ยข/kg cwt. Mutton was 9ยข higher finishing at 208ยข/kg cwt.