Cows lack finish as prices tumble
There were approximately 1900 export and 300 young cattle penned, representing an increase of 300 head week on week.
Most of the usual buying group was present but not all operating fully in a cheaper market.
Prime cattle were least affected by the price reduction while the plentiful manufacturing cattle were heavily discounted off last week’s highs.
Quality was good in the grown steers and bullocks for a mid-winter offering, while the young cattle and particularly cows were more mixed, with many lacking finish.
Vealers and yearling steers to the trade sold firm to a few cents cheaper while the suitable yearling heifers eased 13c/kg. Grown steers and bullocks sold from firm for some to 7c/kg easier for most. Heavy weight crossbred manufacturing steers slipped 30c/kg.
The 1000 cows sold to a smaller field of buyers and competition suffered, with prices generally 25c/kg cheaper. Heavy weight bulls fell 20c/kg.
Heavy vealers to butchers sold from 325c to 367c/kg. Yearling trade steers made between 338c and 351c/kg. Yearling heifers to the trade sold between 302c and 350c/kg.
Grown steers made from 315c to 352c/kg. Bullocks sold from 318c to 345c/kg. Heavy weight crossbred manufacturing steers made between 262c and 306c/kg.
Most light and medium weight cows sold between 160c and 230c/kg. Heavy weight cows made mostly from 205c to 279c/kg. Heavy weight bulls sold from 240c to 288c/kg on most sales.
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