Around the Weather warning markets

Around the Weather warning markets

MOUNT GAMBIER CATTLE – NOVEMBER 11

Agents yarded an increased number of 1440 head of live weight and open auction cattle at Mount Gambier.

These sold to the usual array of trade and processor buyers with very active feeder orders and a small number of restockers, who found it hard going to purchase significant numbers with the rates being paid.

Quality was generally good throughout the offering as the market kicked again to sell to dearer rates.

Vealer steers jumped 15c to 20c with the trade active from 426c to a high of 459c with feeder orders selling from 401c to 442c and restockers to a top of 430c/kg.

Vealer heifers to the trade made from 410c to 455c and feeders sourced these from 400c to 438c/kg.

Yearling steers to the trade made from 385c to 430c with similar heifers selling from 378c to 436c/kg.

Feeders competed strongly for steers, selling from 404c to 439c and for heifers, making from 322c to 427c/kg.

Restockers operated on steers up to 433c and heifers sold from 390c to 440c/kg.

Numbers nearly doubled in the grown steers and bullocks as the trade operated from 348c to 392c and up to 400c on lighter weights with a lift of up to 8c as feeder buyers competed strongly here from 345c to a high of 432c/kg.

Grown heifers sold from 328c to 408c as manufacturing steers made from 262c to 348c/kg.

NARACOORTE CATTLE – NOVEMBER 10

Numbers remained steady as agents yarded 1164 head of live weight and open auction cattle.

These sold to the usual array of trade and processor buyers along with feeder and restocker orders.

Quality was mixed as the sale sold to dearer rates where well-bred cattle with weight and finish continue to make excellent returns while the secondary types are extremely dear in comparison.

Vealer numbers were small as steers sold to 442c and the heifers to 444c/kg with the trade, feeders and restockers all being active.

Yearling steers jumped 10c to 15c as they sold from 355c to 442c with feeders also purchasing at these rates while restockers sought supply up to 440c/kg.

Yearling heifers to the trade made from 326c to 425c with feeder activity selling from 326c to 423c and restockers operating from 419c to 430c/kg.

Grown steers and bullocks to the trade made from 340c to 426c to be up to 10c better in price as feeders sought supply from 370c to 434c/kg. Grown heifers to the trade sold from 315c to 395c with feeder support making from 348c to 375c/kg.

Reproduced courtesy of Meat & Livestock Australia Limited – www.mla.com.au

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