Report Date: 9th November 2023
Total Yarding: 335
The numbers fell to their lowest level for sometime on the back of a rain event and a reasonable forecast going forward. It was a very mixed quality penning with condition showing a similar variation. Numbers evenly split between the young cattle and grown cattle. The usual processors were in attendance and there was extra competition on export cattle.
Restocker competition was strong with confidence in the season somewhat restored. Trends were dearer for the most part while there was some quality related price change. The low numbers also played a role in price change with the 2 weeks between sales bringing substantial price improvement.
The increased processor competition contributed to dearer trends through the grown cattle. Quality was an issue for the negative price change on the small number of heavy grown steers. The well finished grown heifers posted strong gains while the plainer condition grown heifers attracted both restocker and feedlot competition. The cow market was very strong with all classes showing significant improvement.