(02) 6571 1237

155 John Street, Singleton NSW 2330

MARKET COMMENTS- 18/05/2022

There was an increase in the overall numbers. Vealers made up the bulk of the offering presenting in condition mostly suitable to restockers. There was a fair supply of yearlings and limited numbers of grown cattle. The quality of the young cattle was mostly good. There were still a few secondary and plain quality lots. The usual restocker and feeder orders were in place however there was a less than full compliment of export processors in attendance.

Strong restocker demand combined with the good quality resulted in dearer trends through the vealers. There were good numbers of cattle displaying strong weight for age. In most cases there was significant price improvement. Yearling steers in the medium weight class attracted keen demand with both breed and quality attracting buyers. Once again Market trends were dearer and substantially so. There were limited supplies of heifer yearlings to suit the trade.

Grown steers to feed sold to a much dearer trend. Heavy weights to process were firm to dearer under increased demand. That dearer trend carried into the cow market where trends were up to 16c/kg dearer in the heavy weights.

Market reporter; James Armitage.

Reproduced courtesy of Meat & Livestock Australia Limited – www.mla.com.au

MARKET COMMENTS- 11/05/2022

Numbers remained similar with the bulk of numbers consisting of vealers and weaners with a light offering of yearling cattle. Competition was strong through the young cattle with feeder operators and backgrounders supplying the thrust of the competition. Due to a light offering of export cattle, not all processors attended, although the heavy cow market responded positively. Most other buyers attended and operated in a mixed market with most of the young cattle selling to positive trends.

Restockers competed strongly through the weaner cattle with most steer calves trending dearer. Light steer weaners sold to significantly dearer trends. This reacted with some very good drafts of heavy steer weaners in excess of 300 kgs lwt making well over 600c/kg to go onto feed. Heifers followed suit with considerable rises through the light drafts, up to the heavy categories going into the feed lots. The limited numbers of yearling cattle along with a reduction in quality saw trends cheapen in those categories. Medium weight steers sold to considerably cheaper trends, as did the medium weight heifers.

There were no numbers of grown steers and heifers for a reliable quote. Cow numbers were also limited, although a lift in quality and weight saw the heavy, well finished cows sell to dearer trends, up to 25c/kg better.

Market Reporter Stephen Adams

Reproduced courtesy of Meat & Livestock Australia Limited – www.mla.com.au

MARKET COMMENTS- 27/04/2022

The numbers remained steady with young cattle making up the majority of the offering. The quality of the young cattle was very mixed. Condition scores at the lower end of the range for the most part. There were very few showing sufficient cover to suit the trade. The usual buyers were in attendance.

Quality had a big influence on price change and accounted for some large fluctuations, most in the negative. The plainer quality cattle sold to cheaper trends in all classes while the better quality lots to restock and feed were slightly dearer. The limited supply of trade yearlings were a shade dearer.

There was a small number of plainer quality grown steers and bullocks along with a few grown heifers. No market comparison available, while the cow numbers were also insufficient for a market quote.

Market reporter; James Armitage.

Reproduced courtesy of Meat & Livestock Australia Limited – www.mla.com.au

MARKET COMMENTS- 27/04/2022

Consignments lifted marginally for a mixed quality penning of generally younger cattle the majority more suited for the restocker and lot feeder orders. There were extra buying orders in the competition and this ensured a dearer market throughout although any plainer cattle struggled to attract strong competition.

The over 200kg vealer steers to the restockers sold to very strong competition and ranged from 600c to 746c and up to 824c/kg for the lightweights. The heifer portion also trended dearer and made from 500c to 672c with the lighter end topping at 815c/kg. The yearling steers also attracted solid competition and trended dearer with the medium and heavy weights to feed and the rstockers ranging from 496c to 684c, with the lightweights reaching 720c/kg. Dearer trends also for the heifer portion and these reached 606c/kg to the restocking orders. The best prime and high yielding younger cattle to the butchers continue to sell well and they reached 614c/kg.

The better finished heavy weight cows gained 10c and received from 345c to 364c with the heavy weight bull reaching 280c/kg.

Market Reporter; Neil Geddes.

Reproduced courtesy of Meat & Livestock Australia Limited – www.mla.com.au

MARKET COMMENTS- 20/04/2022

The first sale for a fortnight produced a decreased penning of mixed quality cattle. The majority entered the younger categories and were more suited for the restocker and lot feeder buyers with a limited number in prime condition to suit the local butchers and processors. The export cattle were limited in number with approximately 37 cows offered. The market trend was cheaper throughout with breed and quality contributing in places.

The over 200k vealer steers to the restockers ranged from 508c to 688c/kg. The same weight heifer portion also to the restockers made from 490c to 688c, with the lighter weights reaching 692c/kg. The light and medium weight yearling steers trended cheaper, while the feature of the sale was a pen of well-bred steers weighing over 400kg and reaching a top of 606c/kg. The yearling heifers to feed and the restockers received from 476c to 550c/kg. The prime conditioned and high yielding younger cattle to the local butchers and processors sold well and topped at 592c/kg.

The heavy weight cows lost 3c and made from 330c to 340c with the lighter end receiving from 298c to 330c/kg, the latter sold to the restockers. The heavy bulls reached 280c/kg.

Market Reporter; Neil Geddes.

Reproduced courtesy of Meat & Livestock Australia Limited – www.mla.com.au

MARKET COMMENTS- 06/04/2022

Numbers doubled and the breed and quality was fair to good. The bulk were younger cattle more suited for the restockers and lot feeders with numbers in prime condition to suit the local butchers also penned. The export cattle were limited in supply. The better end of the younger cattle sold to solid competition, however overall the market trend was cheaper.

The over 200kg vealer steers to the restockers remained close to firm and ranged from 510c to 740c and up to 780c/kg for the lightweights. The same weight heifer portion trended cheaper and made from 540c to 642c, with the lightweights topping at 740c/kg. The popular breeds of the yearling steers sold well with the medium weights to the restockers and lot feeders making from 520c to 628c/kg. The heavy weights are easing back in price these ranged from 434c to 560c/kg. Competition was strong for the yearling heifers with restockers and lot feeders paying from 450c to 582c/kg. The prime high yielding cattle to the butchers also sold to strong competition and reached 610c/kg.

Cows trended 8c cheaper with the better covered heavy weights receiving from 340c to 382c/kg. The best heavy weight bull reached 280c/kg. Market Reporter; Neil Geddes.

Market Reporter; Neil Geddes.

Reproduced courtesy of Meat & Livestock Australia Limited – www.mla.com.au

MARKET COMMENTS- 30/03/2022

Numbers more than halved and the quality was mixed with pens of the sought after younger steers offered. The majority were younger cattle with approximately 35 cows in the penning. The prime conditioned younger cattle to suit the butchers were scarce in the pens. Competition was strong for the younger cattle while the cows struggled with one exporter absent in the competition.

The over 200kg vealer steers trended cheaper mainly because of the breed and weight with prices ranging from 548c to 732c and up to 768c/kg for the lightweights. The same weight vealer heifers maintained firm prices and sold from 540c to 684c, with the lightweights topping at 696c/kg. The yearlings sold according to the breed and quality with very few steers in the penning. The prime conditioned younger cattle to the butchers reached 570c/kg.

The older heifers identified with 2 teeth and purchased by the restockers and lot feeders reached 506c/kg. Cows trended 15c to 25c cheaper as the better covered heavy weights received from 350c to 358c/kg. Restockers paid up to 390c/kg for the PTIC heavy weights.

Market Reporter; Neil Geddes.

Reproduced courtesy of Meat & Livestock Australia Limited – www.mla.com.au