COROWA WEEKLY MARKET REPORT 19/11/2018
Yarding 13100 Lambs 7240 Sheep 5860 Comparison date: 12/11/2018
Change -29962 Change -14653 Change -15309
Lamb numbers eased and the quality was good. Trade weights were best supplied and there were a few more light store lambs. Heavy lambs were limited. There was a slight increase in shorn trade that sold to stronger demand. Not all the usual buyers were operating in a cheaper market.
New season restocking lambs sold $9 easier to average from $85 to $120, with light trade returning to the paddock reaching $135/head. Trade lambs were firm to $4 cheaper on average making from $130 to $165/head to average 670c/kg cwt. Most of the heavy lambs were $4 to $7 cheaper to make from $156 to $184 and extra heavy lambs sold from $188 to $218/head, averaging 650c/kg cwt. Some of the new season lambs were showing dryness.
Shorn trade weights were $3 cheaper, but competition was stronger on shorn lambs as they sold from $123 to $168/head averaging 712c/kg cwt. Heavy shorn lambs made to $184/head, averaging 720c/kg cwt. Merino trades averaged 600c/kg cwt and sold from $115 to $124/head.
Mutton numbers eased and the quality remains mixed. Prices eased $10 to $15/head on most of the sheep. Medium weight ewes sold from $76 to $115/head. Heavy crossbreds made from $121 to $125 and Merino ewes sold from $116 to $125/head. Heavy Merino wethers topped at $143/head. Carcase prices averaged from 420c to 460c/kg cwt on most of the medium and heavy weights.
NVLX CATTLE MARKET REPORT
Tuesday 13th November 2018
Yarding 2300 Comparison date 06/11/2018
Numbers lifted and quality improved. Cattle prices were stronger despite the bigger offering of trade and heavy categories. Heavy grown steer and bullock numbers increased and so did demand at the top end. An almost full field of buyers were operating, with northern processors again dominating the market. Feedlot competition strengthened due to extra feedlot orders in the mix.
Vealer numbers were similar and quality was very good. Medium weight veal softened 2c to 3c, while the lighter weights decreased 11c/kg. Medium weight vealers sold from 260c to 310c/kg. The best trade weight steers sold to strong northern competition, gaining 13c to average 283c/kg. It was more of the same in the trade heifer run, with northern processors dominating the better shaped pens and lifting prices 17c/kg. Well finished trade heifers sold from 262c to 281c, averaging 272.9c/kg. Feeder steers were in reasonable supply and buyers were keen to secure supplies. Well-bred feeder steers sold 4c to 10c dearer, with the lighter weights averaging 268c/kg.
Well finished heavy bullocks and steers sold to strong northern competition, with more than three quarters of the offering travelling north. The better quality pens of prime C3 steers and C4 bullocks made from 280c t0 305c/kg.
Wednesday 14th November 2018
Yarding 1400 Comparison date 07/11/2018
Numbers more than doubled after Melbourne cup last week. All weights and grades were represented. Not all northern buyers attended and not all southern processors operated fully.
The better finished beef cows sold 10c cheaper, making from 208c to 246c/kg. The D2 and D3 medium weight cows sold to mixed price trends. The D3 medium weights were unchanged, while the D2 leaner grades sold up to 18c cheaper to average 174c/kg.
A mixed selection of bulls sold to the usual spring buying group. The better shaped bulls making from 220c to 242c/kg.
Wangaratta Fat Cattle Market: 15th November 2018
A much heavier yarding of 627 head was presented to buyers at Wangaratta Livestock Exchange. This was 286 more than last week and consisted of 560 young cattle, 64 cows and 2 bulls.
Overall quality was good with a reasonable selection of both heavy steers and heifers, the medium weight were not as good a quality. The vealers on offer were good quality and many over 400kg. The 64 cows penned were in prime condition with an even balance of beef & dairy. Demand for the heavy export cattle met strong demand to be firm on last week, the medium weights eased in value to be 5 cents below last week. Best milk vealers were cheaper by 5 cents. Best beef cows remained firm while others were 2 to 4 cents cheaper.
Bullocks +550 255.2 to 275.0
Steers 450 to 550 265.0 to 285.0
Steers -450 231.0 to 280.0
Heavy Heifers +550 239.6 to 269.2
Heifers -500 244.2 to 270.0
Vealers 240.0 to 280.0
Beef Cows 185.0 to 226.0
Dairy 146.0 to 210.0
Bulls 200.0 to 216.2