Wednesday 17 October 2012
Australia
Around the cattle markets
As temperatures rise in the north coupled with the time of year mustering activity in the pastoral regions of WA continues to decline. Conditions in the south parts of were predominately fine, dry and warm. Forecasts looking forward into next week have predicted a slight chance of showers with most of this again confined to coastal regions.
Increase numbers at selling centres
Saleyard numbers increased due to larger supplies in the Great Southern and the return of the southwest sale to the roster after the lay off the previous week. There were slightly lower numbers of pastoral cattle seen at Muchea with the bulk of these once again being medium and lightweight bulls and cows. Heavy weight steer supplies remained tight at all three markets, as were mature heifer grades, while there continued to be a reasonable supply of quality grass finished trade weight yearlings. Store supply was abundant while cow numbers remained at healthy levels.
Improvement in quality
Heavy weight steers and heifers saw a constriction in processor demand recording lower values of between 5¢ to 8¢/kg. Trade weight yearlings continued to enjoy a solid competition from both the processing and feed sectors with both steers and heifer enjoying similar prices. There was however a general easing in demand for the majority of store classes with a more selective feeder and restocker demand realised. There was an improvement in the overall weight and quality of the cow yarding’s this. Processor demand remained similar throughout the classes of both local and pastoral drafts with firm prices subsequently recorded. This was also the case in heavy weight bull sales, while lightweight drafts recorded a solid demand from both the live export and export feeder sectors
Source: Argentine Beef Packers S.A.
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