Newspaper article Daily News (Warwick, Australia)

Mareeba Bucks the Trend with Year High for Cattle

Newspaper article Daily News (Warwick, Australia)

Mareeba Bucks the Trend with Year High for Cattle

Article excerpt

WIDESPREAD falls of follow-up rain across a large portion of the state reduced the flow of stock into the saleyards.

However the supply of cattle at Mareeba went against this movement with numbers increasing to the highest level for the year.

The wet conditions cancelled some markets plus restricted the supply at others and overall at physical markets covered by MLA's NLRS numbers fell by 55%.

Despite the good season the overall quality of stock was mixed with some fair samples of store condition grades offered, as producers in the some areas take advantage of a strong market for restocker and feeder classes.

Young cattle prices up

Young lightweight cattle to restockers backgrounders and the trade continued to experience very strong competition. Vealer heifers and lightweight yearling heifers met improved demand from local and interstate processors and average prices lifted by 7Ao to 10Ao/kg.

Lightweight yearling steers returning to the paddock also continued to climb in value with a good sample gaining around 4Ao/kg.

Heavy heifers fall

heavy yearling heifers to the trade went against the trend of a firm to a dearer market and averaged over 10Ao/kg cheaper.

Heavy steers to export slaughter generally met a firm market, and bullocks across all markets experienced no change in value, however with a fair sample of some older grades included in the penning at Dalby average prices eased by 4Ao/kg.

Cow values improved by 3Ao to 9Ao/kg with very strong support from restockers on the light condition grades.

PTIC lines received particular strong competition from restockers with prices reaching a very high level, and average values jumped by 26Ao/kg.

Calves to the trade averaged 179Ao and sold to 218.2Ao, while those returning to the paddock averaged 213Ao and sold to 238.6Ao/kg.

A handful of well-bred vealer steers averaged 200Ao and sold to 215.2Ao/kg. A relatively good supply of vealer heifers came forward and sold to the trade 10Ao dearer at 202Ao with some heavy grades to local butchers reaching 223.2Ao/kg.

The vast majority of lightweight C2 yearling steers returned to the paddock 4Ao better at 213Ao with sales to 228. …

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