MARKET REPORTS: Producers offload stock to help save remaining feed in dry areas
825 cattle went through the scanner at the Lismore Sale on Saturday.
325 steers sold to good competition.
The best of the yearling weaners sold from $2.75–$2.88/kg.
Cross bred weaners light in condition sold from $2.35–$2.76/kg.
Heifers failed to reach any great heights with most $1.85–$2.25/kg.
Young breeders sold at increased rates.
Good angus and brangus youngsters with calves sold from $1400–$1760.
A couple of outstanding brahman cross cows with small calves sold for $2000.
The top of the day was a simmental with baby heifer calf selling for $2660.
Once again older cow and calf units sold in the $500–$900 range.
On Tuesday at the Lismore yards, 300 cattle were sold.
It was a similar story to sales over the past two months, with heavy cattle selling well and light conditioned cross-breds tough enough.
Heavy cows sold from $2.20–$2.46/kg for Wayne Meaclem’s charbray, $1427.
Medium cows sold from $1.80–$2.10/kg.
Older plain in-condition cows sold cheaper this week with most 80c to $1.40/kg.
Most of the vealers/weaners were of plain quality and prices reflected this.
Prime vealers sold from $2.20–$2.50/kg.
Good quality weaner steers sold well with Noel Gray’s line of limo cross selling for $2.92, $749.
A good line of angus cross brangus steers off Nashua sold for $2.88/kg, $916.
594 cattle were yarded at Grafton on Tuesday.
Yet another line-up of quality bullocks came forward to see these types sell fully firm on last week to top at 305c/kg.
Cows also were dearer and topped at 246c/kg.
Vealers also sold firm to top at 258c/kg.
B A Ensbey bullocks sold to 299c/kg, weighed 690kg to return $2058.
Claiscan bullocks sold to 298c/kg, weighed 668kg to return $1985.
Jikero Partnership bullocks sold to 305c/kg, weighed 670kg to return $2031.
S M & M L Gray bullocks sold to 202c/kg, weighed 625kg to return $1876.
Malcolm Eggins bullocks sold to 299c/kg, weighed 609kg to return $1815.
C J Moss feeder steers sold to 305c/kg, weighed 415kg to return $1266.
Leo Carlton heifers sold to 275c/kg, weighed 498kg to return $1359.
Kahuna cows sold to 245c/kg, weighed 705kg to return $1756.
W H Conroy cows sold to 244c/kg, weighed 592kg to return $1440.
J & G Dawson angus weaner steers sold to 312c/kg, weighed 319kg to return $990 to restockers.
Cowper Holdings vealer calves sold to 304c/kg, weighed 327kg to return $990.
There was a 30 per cent reduction in numbers, with a good selection of yearling cattle and a reduced cow penning.
Feeder operators provided strong competition for both steers and heifers. All the regular buyers attended.
Limited vealers and yearlings saw cheaper trends of 10–14c/kg. Very light yearling steers to feed saw dearer trends of 20c/kg, while the light yearlings bordered on firm trends. Medium weight feeders saw a dearer trend of 6c/kg. Heavy weight feeder steers maintained values to improve by 7c/kg, with two major feedlotters supporting with keen competition. Medium weight heifers to feed showed a firm to slightly cheaper trend. At the other end of the scale, heavy feeder heifers sold to dearer trends of 5c/kg. A lapse in quality saw some restocker and background grades deliver substantially cheaper trends for both steers and heifers. Heavy trade steers and heifers saw slightly cheaper trends of 4–6c/kg.
Quality grown heifers sold to a dearer trend. Light and medium cows saw feeder competition take values to 206c/kg. The trade category saw prises increase 9–14c, while three and four score cows sold to dearer trends of 6c/kg. An improved bull market saw the better bulls make 9c/kg dearer.
Despite some of the better rainfall seen across the drawing area for some time, numbers lifted by 2090 head, with producers opting to offload in the hope of growing feed for remaining stock. Young cattle and cows made up the bulk of the offering. There were large numbers of yearlings and increased supplies of young calves. The overall quality of the offering was mixed, while condition was on the lower end of the spectrum for the most part. There were a few pens of better condition cattle that had been given access to a grain ration. The usual buyers attended and there was increased restocker activity.
Market trends were mostly cheaper through the young cattle, with both the increased supplies and quality variations affecting price change. The quality of the young calves decreased significantly and this was reflected in prices. Light weight yearling steers to restockers sold to cheaper trends, with a large variation in both breed and quality. Medium weight yearling steers bought by feedlotters sold on a firm to slightly dearer market trend, while, despite strong competition, the heavy weight feeders sold to a slightly cheaper trend. Again there was some quality related price change. The gap between the secondary and good quality yearling heifers was not as great as it has been, with increased restocker competition a contributing factor. The plainer quality heifers sold to dearer trends and substantially so in places. There were too few heavy grown steers to quote. Processor competition for well finished grown heifers was strong, with the market for three scores showing a dearer trend.
TOP PEN: Garry Beasley of Cangai was selected as the vendor of the week at the Grafton Prime Cattle Sale held on Tuesday. The vendor sold seven charolais-cross, six angus-cross and six droughtmaster bullocks off his property at the foot of the range. The charolais-cross bullocks (pictured) grossed the highest return for the vendor, selling for 285c/kg at an average weight of 709.3kg to gross a healthy $2021.46/head for the vendor. The offering was sold by Ray Donovan Stock and Station Agents.