COROWA WEEKLY MARKET REPORT 21/01/2019
Yarding 11597 Lambs 8699 Sheep 4799 Comparison date: 14/01/2018
Change -4373 Change -2472 Change -1901
Lamb numbers eased and the quality was a little mixed. There was a very good run of trade weights and excellent heavy and extra heavy lambs off feeders but there was more of a tail in the market this week. Merino lambs were limited and all the usual buyers operated in a dearer market.
Light restocking lambs $48 to $74/head. The 2 score processing lambs sold from $93 to $125/head. Medium and heavy trade weights to 24kg sold $9 to $11 stronger ranging from $133 to $176/head averaging 700c to 735c/kg cwt. Heavy lambs gained around $10 selling from $159 to $183 averaging 645c to 680c/kg cwt and extra heavy lambs sold to $221/head. Heavy Merino lambs sold to $175/head. Hoggets reached $170/head.
Mutton numbers eased and the quality varied. Prices lifted $5 to $6 on the light sheep and $10 to $12/head on the medium and heavy weights. Light sheep sold from $46 to $88/head. Medium weights sold from $85 to long skin Merinos which sold to $128/head. Heavy crossbreds sold from $107 to $130/head. Carcase prices averaged 400c to 450c/kg cwt.
NVLX CATTLE MARKET REPORT
Tuesday 15th January 2019
Yarding 1800 Comparison date 08/01/2019
Hot dry conditions resulted in a bigger yarding. Quality across all weights and grades was very good. The market ran into a wall of supply at most markets this week, resulting in cheaper price trends over all categories. The usual group of buyers attended, however both domestic and export processors were very subdued. Restockers attended, but only operated selectively and at much cheaper price levels than the previous sale.
Vealer numbers increased and quality was excellent over all weights and grades. Vealers sold to irregular bidding, with some buyers preferring to walk on, rather than compete. The best of the vealers made from 255c to 299c/kg. Well finished trade weight steers sold 19c cheaper, making from 260c to 274c, with the grain assisted portion topping at 278/kg. The better shaped heifers suitable for the trade lacked competition as prices eased 16c to average 242c/kg. Feeder steers were well supplied,
although the lack of orders resulted in a cheaper trend 15c to 27c/kg. Well-bred medium weight feeder steers made from 200c to 288c, with the lighter weights averaging 253c/kg.
Well finished heavy bullocks and steers sold to significantly weaker demand from the northern buyers. The better quality pens of prime C3 steers and C4 bullocks made from 242c to 280c/kg.
Wednesday 16th December 2018
Yarding 500 Comparison date 09/12/2018
The cow market followed into a normal Wednesday selling pattern this week, after last Tuesdays combined sale. The market struggled to hold its ground against the rise in numbers and weaker competition from several buyers. Not all northern buyers attended or operated fully.
The better finished beef sold 17c to 23c cheaper making 148c to 210c with a few single European types making from 210c to 220c/kg. The D3 and D2 medium weight cows tracked up to 22c cheaper making from 144c to 172c/kg.
A good quality selection of bulls sold to the usual group of processors. The better shaped bulls sold up to 32c cheaper making from 185 to 210c/kg.
Wangaratta Fat Cattle Market: 10th January 2019
A lighter yarding of 297 head were presented to buyers at the Wangaratta Livestock Exchange. This was 93 less than the pre-Christmas sale and comprised of 291 young cattle, 5 cows and 1 bull.
Overall quality was good however there were very few grown steers and bullocks penned, a reasonable offering of heifers of all weights and a very good selection of milk vealers, many around the 400kg mark. Only 5 cows were on offer. Demand for the grown steers and bullocks was equal to pre-Christmas, heifers also sold at firm rates and the best vealers were 2 to 4 cents dearer. Too few cows to quote.
Bullocks +550 250.0 to 255.0
Steers 450 to 550 256.0 to 278.0
Steers -450 259.0 to 298.0
Heavy Heifers +500 240.0 to 268.0
Heifers -500 236.2 to 258.0
Vealers 276.0 to 304.0
Beef Cows 170.0 to 177.2