Singleton Cattle Report

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Report Date: 29th November 2023

Total Yarding: 813

Commentary

Over a 50% increase in numbers saw a yarding of 813 cattle up 293 head on last week. A big influx of weaner cattle were presented to a bigger field of buyers which saw positive momentum from the opening bell. Quaility of the yarding was very mixed with only around 10 cows penned.

With handy rainfall totals from the last fortnight over the eastern ranges grass fatteners stepped to the fore as they led the charge on light and medium weight steer weaners the bulk being fresh 2 scores and sold from 170c to 398c/kg to be 12c to 60c/kg dearer. Over 330kg steer weaners to both re-stock and local feeder orders sold from 300c to 362c/kg and a select offering of B muscles calves made to 366c/kg to the local butchers. The tempo of the sale didn’t disappoint on the light and medium weight heifer weaners trading between 220c and 320c/kg to be upwards of 30c/kg better off.

Backgrounders and grass fatteners took it up to feedlot orders with medium yearling steers 45c/kg dearer 280c to 368c/kg the latter for well bred Angus steers. Over 400kg Charolais cross steers made to 316c/kg to the local trade. Medium weight yearling heifers saw lot feeders gain control averaging just over 250c/kg and selling as high as 282c/kg. Processing orders paid up to 270c/kg for over 400kg.

A modest offering of 10 cows saw dramatic upward trends but lack of numbers perhaps distorted the final result. The few heavy cows on offer sold between 216c to a top of 226c/kg.

Market Operator Angus Barlow.