Cattle market improves with end of year in sight
GRAZIERS rejoiced as the cattle prices remained firm for another week.
The head of cattle increased from last week’s yarding with the total reaching 679 for prime, and store sale increasing by 148 head.
The prices were firm across the board but heavy bulls and local trade heifers were the only ones to slightly decrease in value.
While the cattle penned rose in numbers there were no major export processors and only two local processors in attendance.
Values for slaughter cattle were again steady but slightly higher for good-quality store steers.
Elders livestock agent Kate Knowles said the market had lifted a bit with the widespread rain.
“Across the board the prices have been pretty firm but store cattle have come up, and the quality reflected the prices,” she said. “The head of cattle might drop a bit with Christmas but for live export cattle the prices will continue to rise.”
She said live export cattle reached 360¢/kg last year and it would be interesting to see what the prices reach this year.
“You don’t know where the prices will be but I think we might get 340¢/kg,” she said.
Local trade steers improved 14¢/kg to last week’s sale but local trade heifers slipped 10¢/ kg for a top of 252¢/kg. Heavy bulls didn’t reach the top 270¢/ kg of previous weeks, falling 8¢/kg.
Young store bulls maintained value with light males topping 280¢/kg. Local trade cows improved by 10¢/kg.
Seven brangus good-quality store steers gained 21¢/kg.
Good quality store heifers hit almost 300¢/kg, with the majority sold between 230¢/kg and 240¢/kg.
A brahman butcher heifer was one of two that sold for 201 c/kg.