Previous Close Cattle Markets Summary
Cattle markets were mixed, with NSW and parts of Queensland softer, while Victorian store markets remained firm to stronger and WA benefited from solid restocker demand.
The trends appear to be:
- Queensland was mixed, with improved heavy steer quality supporting the market while softer cow prices and mixed yearling quality weighed on results.
- NSW markets were generally cheaper, driven by dry conditions, increased yardings and reduced buyer competition, although lighter cattle continued to attract strong restocker demand.
- Victoria recorded strong competition for high-quality store cattle, with steers and heifers firm to dearer and heavy grown steers mostly firm.
- WA saw strong restocker interest supporting most weaner categories, while heavy cows eased.
- National yardings increased both on the day and week to date.
Queensland
- Blackall recorded a smaller yarding with improved heavy steer quality, with grown steers mostly firm while mixed yearling quality and softer cow prices weighed on the market.
- SBLX Murgon and Dalby reports provided no current market trend.
Summary: Queensland markets were mixed, with heavy steers supported but yearlings and cows facing pressure.
New South Wales
- Yass recorded a larger yarding of fair-to-good quality cattle that sold to a mostly cheaper market, although lighter cattle attracted strong restocker demand.
- Dubbo recorded increased yardings amid dry conditions, with reduced buyer competition driving a mostly cheaper market across young cattle, grown cattle and cows.
- Gunnedah and the additional Dubbo report provided no current market trend.
Summary: NSW cattle markets were generally softer, with dry conditions and reduced competition weighing on prices.
Victoria
- EVLX Koonwarra recorded a much larger, excellent-quality store yarding that met strong competition, with prices holding firm as spring growth improved producer confidence.
- WVLX Mortlake recorded a larger yarding of very good quality, with yearling and weaner steers and heifers firm to dearer while heavy grown steers were firm to slightly softer.
- Mortlake, Echuca and Colac reports provided no current market trend.
Summary: Victorian store markets remained strong, supported by excellent quality, spring growth and strong buyer competition.
Western Australia
- Mount Barker recorded a smaller yarding of good-quality cattle, with strong restocker interest lifting most weaner categories while heavy cows eased.
Summary: WA markets were generally positive for weaners, supported by strong restocker demand.
National Summary
Australian cattle markets were mixed, with NSW generally softer and Queensland uneven, while Victorian store markets were supported by excellent quality and strong competition. WA also recorded solid demand for weaners from restockers. National yardings increased on the day and remained higher week to date.
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Cattle yardings & reports
Queensland
- Emerald cattle report. Watch the latest report here
New South Wales
- SELX Yass cattle report (17/9) Watch the latest report here
Victoria
- EVLX Koonwarra store cattle report (17/9) Watch the latest report here
South Australia
- No Reports
Western Australia
- No Reports
Tasmania
- No Reports