Cattle Market Summary – 28 April 2026

by | Apr 28, 2026 | Feedlots, Processing, Sheep

Previous Close Cattle Markets Summary

Cattle markets showed mixed trends nationally, with reduced yardings and variable quality influencing outcomes, while strong restocker and feeder demand supported better-bred young cattle and heavier lines in some centres.

The trends appear to be:

  • Supply reduced across most regions, particularly in QLD and NSW
  • Restocker demand strong, supporting lighter yearlings and quality young cattle
  • Feeder and trade cattle mixed, with stronger competition in select centres
  • Cows variable, often easing but occasionally supported where demand improved
  • Plainer and secondary cattle under pressure due to quality and seasonal conditions
  • Market remains quality-driven, with better-bred and finished cattle attracting premiums

East Coast (QLD, NSW, VIC)

  • Mixed market overall, with strong demand for quality young cattle and feeders, while cows and secondary lines remain under pressure

  • QLD results were mixed:

    • Roma (6,064 head) saw mixed results, with heavier steers easing while restocker demand supported lighter yearlings amid dry-affected quality
    • Warwick (1,830 head) recorded stronger demand for feeder cattle and bullocks, while cows and yearling heifers eased
    • Mareeba (210 head) experienced slightly softer conditions across most categories
      Moreton (657 head) saw strong demand lift heavy cows and steers, while lighter weaners eased
  • NSW results were mixed to firm:
    • Inverell (3,407 head) saw strong demand for better-bred young cattle, while plainer stock, heavy cows, and bulls eased
    • Carcoar (3,267 head) recorded stronger trade and finished cattle and dearer feeder heifers, though feeder steers and heavy cows were weaker
    • Gunnedah (6,000 head) saw strong competition lift most categories, particularly young cattle and restockers, while cows eased slightly
    • Scone (3,122 head) recorded strong restocker demand lifting light and feeder cattle, while cow prices eased
  • VIC results were mixed:
    • Wodonga (1,000 head) saw strong competition lift trade cattle and feeders, while cow prices eased, especially leaner types
    • Koonwarra (1,438 head) recorded firm to dearer trends across most categories, with stronger competition for feeder steers and cows
    • Shepparton (1,100 head) saw continued easing across most categories, with young cattle softer and cows back 10–20c/kg

Summary: Eastern states markets remain mixed, with strong restocker and feeder demand supporting young cattle, while cows and plainer stock continue to face price pressure

South Australia

  • Naracoorte (443 head) saw:

    • Mixed quality and a smaller yarding
    • Grown steers slightly stronger
    • Young cattle, heifers, and bulls easing

Summary: Mixed market with limited supply, though softer trends for secondary categories

Tasmania

  • Powranna (115 head) saw:

    • Smaller yarding with mixed quality
    • Yearlings holding firm
    • Cow prices falling, particularly for leaner types

Summary: Mixed to softer market, with weaker cow prices offsetting steady yearlings

Western Australia

  • Muchea (365 head) saw:

    • Very small yarding dominated by store cattle
    • Young cattle easing due to quality
    • Lighter cows improving, while grown cattle were weaker

Summary: Mixed market with limited supply and quality-driven results

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Cattle yardings & reports

Queensland
  • Roma store cattle report (MLA): Yarding: 6,064, (-2,643) Reduced yarding at Roma saw quality-affected cattle from dry conditions, with prices mixed but generally easing in heavier steers while restocker demand supported lighter yearlings. Full report available here.
  • Warwick cattle report (MLA): Yarding: 1,830, (-627). Reduced Warwick yarding saw mixed trends, with stronger demand lifting feeder cattle and bullocks, while cows and yearling heifers eased. Full report available here.
  • Mareeba cattle report (Qld Rural): Yarding: 210. Mareeba Combined Agents yarded 210 head, with slightly softer market conditions as bulls and heavy steers topped at 274 c/kg and cows reached 266 c/kg. Full report available here.
  • Moreton cattle report (MS): Yarding: 657. Boyd O’Brien Bartholomew yarded 657 cattle, with strong demand lifting heavy cow and steer prices while lighter weaners eased due to drier conditions. Full report available here.
New South Wales
  • IRLX Inverell cattle report (MLA): Yarding: 3,407, (-773). Reduced Inverell yarding saw mixed trends with strong demand lifting better-bred young cattle, while plainer stock, heavy cows, and bulls eased. Full report available here.
  • CTLX Carcoar cattle report (MLA): Yarding: 3,267, (-944). Reduced numbers and improved quality saw mixed trends, with stronger trade and finished cattle, dearer feeder heifers, but weaker feeder steers and heavy cows. Full report available here.
  • Gunnedah cattle report (MLA): Yarding: 6,000, (-1,800). Reduced yarding at Gunnedah saw strong buyer competition lift most cattle categories, with young cattle and restockers sharply dearer while heavy cows eased slightly. Full report available here.
  • Scone cattle report (MLA): Yarding: 3,122, (-927). Scone yarding fell in numbers with weaker cow condition, while strong interstate restocker demand lifted prices for light and feeder cattle despite easing cow values. Full report available here.
Victoria
  • NVLX Wodonga cattle report (MLA): Yarding: 1,000, (+320).Slightly higher numbers with fair to very good quality saw strong competition lift trade cattle and feeders, while cow prices eased, especially for leaner types. Full report available here.
  • EVLX Koonwarra cattle report (MLA): Yarding: 1,438, (-802). Reduced yarding with limited quality saw stronger competition lift feeder steers and cows, with most categories firm to dearer despite scarce finished cattle. Full report available here.
  • GVLX Shepparton cattle report (MLA): Yarding: 1,100, (-400). Reduced numbers and fewer buyers saw prices continue to ease across most categories, with young cattle softer and cows back 10–20c/kg. Full report available here.
South Australia 
  • Naracoorte cattle report (MLA): Yarding: 443, (-11). Smaller yarding with mixed quality saw firm to easier trends overall, with grown steers slightly stronger while young cattle, heifers, and bulls generally eased. Full report available here.
Western Australia
  • Muchea cattle report (MLA): Yarding: 365, (-661). Very small Muchea yarding saw mostly store condition cattle, with young cattle easing on quality while lighter cows improved and grown cattle generally weaker. Full report available here.
    Tasmania
    • Smithton cattle report (Elders) (27/4). View the latest report hereÂ