Saturday 15 September 2012
National cattle supply has increased 20% at markets reported by MLA’s NLRS.
Queensland recorded a gain of 21% as Roma store and Warwick yarded more cattle.
NSW throughput lifted 35% as all selling centres offered greater numbers.
Yardings across Victoria were up with Pakenham doubling last week’s levels.
SA, Tasmania and WA all remained steady.
Quality remains plain
Nationally, quality continues to be mixed across most saleyards.
There were plainer lines of cattle reported at Pakenham, Tamworth and Camperdown as the cool winter conditions have affected quality.
The supplementary fed finished cattle though are becoming more noticeable.
Heavy steers and bullocks at Toowoomba were well conditioned while Roma store sale reported good lines of well-bred light yearlings.
The usual buyers were present and operating across all markets.
At the close of Tuesday’s market the Eastern Young Cattle Indicator (EYCI) dropped 5.25¢ to 371.50¢/kg cwt.
The trade steer indicator remained unchanged on 209¢ while medium steers eased 4¢ to 185¢/kg cwt week-on-week.
Heavy steers were firm on 194¢ while medium cows strengthened 5¢ to 139¢/kg cwt.
The feeder steer indicator fell 2¢ to 200¢/kg lwt.
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