Numbers dipped significantly due to last week’s cheaper market to 3600 at the Livestock Marketing Centre.
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.