Numbers dipped significantly due to last week’s cheaper market to 3600 at the Livestock Marketing Centre.
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The offering remains mixed, with secondary yearlings and young weaner cattle well supplied. There was a mixed selection of trade types offered, however, domestic processors were reluctant to push prices over 290c/kg.
Due to the direct-to-feedlot price falling 20c/kg at some establishments the market reflected this price correction.
Vealers were in limited with some displaying finish and yield. Vealer steers and heifers sold from 269c to 320c/kg. The better finished medium weight trade steers were unchanged while the heifer portion slipped 8c/kg.
The main run of heifers averaged 267c, while the steer portion sold from 268c to 298c/kg.
Feeder steers were well supplied and both the light and medium weight steers sold to much weaker demand.
Medium weight steers slipped 20c to 24c, making from 255c to 310c/kg. The bulk of the lighter weight heifers make from 240c to 279c/kg.
Major processor competition was weaker and aged steers weighing 500-600kg did contribute to the cheaper trend.
The better quality pens of prime finished steers averaged 280c/kg. Bullock prices dipped 5 to 10c, selling from 246c to 288c/kg.
Heavy cows topped at 252c to average 239c/kg. The D3 medium weights were in reasonable supply, with the bulk of the D2 and D3 cows making from 210c to 242c/kg.