Report Date: 27th November 2023
Total Yarding: 1,150
Commentary
Despite good follow up rain the numbers showed a small increase. Producers looking to take advantage of a recent upsurge in the market. Young cattle were well supplied with quality and condition fair to good. A feature of the penning was a run of well finished heavy grown steers. Most of the regular buyers were in attendance however there was less domestic trade competition in the heavy weight cattle.
Restocker demand was high with confidence boosted by timely rain. This resulted in dearer trends for all classes of steers returning to the paddock strong gains recorded in the light weights while medium and heavy weights saw gains not as strong. Medium and heavy weight feeder steers sold on a firm to dearer trend . Yearlings heifers to all destinations followed similar trends to those of the steers with all classes benefitting. Heavy trade saw little change.
That run of well finished heavy grown steers were supplementary fed and sold to a much dearer market trend aided by an improvement in quality. Well finished grown heifers to processors also posted solid gains. The plainer condition cow market was considerably dearer while the well finished heavy weights also sold to a dearer trend with the quality of some not up to last week.