Saleyard steedy on price
THE value of cattle has remained strong again this week at the Mareeba cattle yard sales.
The number of beasts penned reached 531 which was a rise compared to last weeks 299.
No major export processors attended but three local processors were in attendance.
Local trade heifers sold well to a top of 252 c/kg which was an increase on last week’s sale. Bulls suitable for slaughter improved to achieve 270 c/kg.
Local trade cows remained firm and was a reflection on the quality offered.
Queensland Rural partner Jacko Shephard said the market was holding well through the local and southern fatteners and local processors.
“The prices are holding well especially for paddock buyers. The paddock buyers looking to fatten cattle have been helped with the rain,” he said.
“The market is suiting buyers and sellers at the moment. Buyers will need more rain to keep fattening the cattle because if it stops they will be in trouble.”
Steers suitable for the local trade market fell 10 cents with limited numbers while bull- ocks suitable for slaughter were again in short supply and sold for 197 c/kg.
Heavy cows lost 20 cents on last week’s quotes to realise 201 c/kg. Young store bulls maintained value with strong competition but quality types were in short supply.
Local trade cows remained firm while store steers and heifers gained ground.
Brahman cross steer sold for 239 c/kg