Feeder de­mand holds up prices

Tasmanian Country - - THE STOCK REPORT -

HERE we are near the end of Novem­ber and live­stock prices are hold­ing up re­mark­ably well.

The very good sea­son through most of east­ern Aus­tralia is play­ing a big part with pro­duc­ers able to man­age sup­ply onto the mar­ket.

Cat­tle num­bers through the works in Queens­land have in­creased over the past month and last week there were nearly 70,000 cat­tle killed, which is a sim­i­lar vol­ume to the same week last year.

In the sa­le­yards we are still see­ing only mod­er­ate num­bers and in most mar­kets this week re­ports in­di­cated there were more in­fe­rior qual­ity young cat­tle in­cluded.

Good qual­ity trade cat­tle in Vic­to­ria and south­ern NSW are mak­ing 320c/kg to 360c/kg, with 503 heavy year­lings at Wagga av­er­ag­ing 332c/kg, and in Tas­ma­nian mar­kets most are selling from 310c/kg to 345c/kg liveweight.

Feed­ers and re­stock­ers are still buy­ing a fair per­cent­age and at Powranna and Kil­lafaddy on Tues­day they paid from 298c/kg to 332c/kg for steers and 310c/kg to 335c/kg for heifers.

One re­port I read from the NLRS in­di­cated that if the plainer qual­ity year­lings didn’t meet the spec­i­fi­ca­tions for feed­ers the price was 12c/kg to 15c/kg cheaper.

It will be in­ter­est­ing to see what hap­pens in our sa­le­yards when this ex­tra com­pe­ti­tion soft­ens and as the sea­son pro­gresses more num­bers will come into the yards.

In­ter­state cow prices are also hum­ming along pretty well at the mo­ment. At Wagga there were 394 cows of­fered and most beef types made 228c/kg to 260c/kg liveweight.

It is also in­ter­est­ing to note that over-the-hooks beef prices in Vic­to­ria have sta­bilised and re­ally haven’t changed over the past fort­night. Most year­lings are quoted be­tween 535c/kg and 555c/kg and cow prices av­er­ag­ing 445c/kg to 455c/kg car­cass weight.

The num­bers are lambs com­ing into the western Vic­to­rian sa­le­yards is start­ing to peak and on Tues­day at Bal­larat there were 37,000 yarded and at Hamil­ton the fol­low­ing day 48,600, with this cen­tre go­ing to a two-day lamb sale next week.

The good news is the mar­ket has held up pretty well and at Bal­larat most lambs were $2 to $4 dearer and al­though start­ing slightly cheaper at Hamil­ton ended up on a par with last week.

Most heavy lambs are quoted from 490c/kg to 510c/kg and trade weights 520c/kg to 530c/kg car­cass weight.

Some light lambs des­tined for the Mid­dle East are be­ing quoted be­tween 550c/kg and 600c/kg, or $79 to $105 per head.

Th­ese buy­ers are com­pet­ing with re­stock­ers from all over who are pay­ing $94 to $117 per head for well-bred lambs of fat scores of 2 and 3.

What a time for selling live­stock!

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.