Report Date: 19th May 2022
Total Yarding: 176
One of smallest offerings held for some time with just 176 head. Agents said the combination of high grain and store cattle prices meant local producers hadn’t been feeding stock, reducing the usual winter supply of fed steers and heifers. The yarding was very mixed for both breed type and quality, with the majority of cattle more suited to feedlot and restocking orders rather than slaughter. While only a handful of buyers attended, competition remained very strong and dearer trends were evident for feeder steers and heifers which is where the bulk of animals went. Cow prices were firm to cheaper with limited numbers and plain quality often a factor.
Only a small percentage of cattle sold to processors, with domestic buyers paying to 640c/kg for vealers and to 573c/kg for heavier steers weighing 490kg. Two local feedlot orders dominated and prices were dearer, particularly for any well-bred young calves showing shape which reached a top of 629c/kg for vealers to go onto feed. There was a run of older steers in store condition which also sold to feedlots, the 400-500kg run averaging 516c/kg. Buyers still discounted any steers or heifers that were suspect for age or were secondary types.
Cows showed a price range of 200c to a top of 396c/kg reflecting the range of quality on offer, with most of the better style beef cows from 300c to 370c/kg. Some plain dairy cows from 230c to 270c/kg. Not enough bullocks or Friesian manufacturing steers to quote.
Market reporter: Jenny Kelly.