NRLX sale report from Wednesday, February 14.
There was just the one sale last week, with good numbers, although prices were back a little on the previous weeks.
A total of 1635 head were sold at an average price of $757.20/head (240.6c/kg).
Average weight for the sale was 315kg.
The vealer market had average prices of 268.4c/kg (at 246kg), with this category topped by John and Silvia Saperstine who sold one head for $1250.52.
Cows averaged 195.2c/kg (at 475kg), with Mark Gollan topping the market with one head at $1470.
A Kurt Baumgart bull got the highest price for the sale at $2304.
Bullocks averaged 248.6c/kg, topped 268.2c/kg.
Bulls averaged 232.3c/kg, topped 254.2c/kg.
Cows averaged 195.2c/kg, topped 245c/kg.
Cows and calves averaged $556.92/unit, topped $600/unit.
Heifers averaged 224.2c/kg, topped 252.2/kg.
Steers averaged 241.7c/kg, topped 250c/kg.
Vealer averaged 268.4c/kg, topped 360.2c/kg.
On Tuesday, 220 cattle were sold at Lismore Saleyards.
Prime vealers sold on a cheaper market, with most selling in the $2.40 to $2.56/kg range.
The weaners on offer consisted mainly of secondary quality bulls and these sold well in comparison to the better calves, with restockers paying anything from $2.10 to $2.50/kg for weights ranging from 230-350kg.
Grown cattle also sold cheaper.
Heavy cows sold from $1.80 to $2.08/kg.
A santa cow on account of Stewart and Tess Arthur sold for $2.08/kg and returned $1238.
Bullocks topped at $2.30/kg.
A red shorthorn bullock sold for the Walker family topped the day at $1949.
A total of 297 cattle were yarded at Grafton.
The market for bullocks sold firm, heavy bullocks selling to 254c/kg, while cows sold easier to top at 210c/kg.
In the vealer section, calves followed this trend with most sales between 250c/kg and 270c/kg.
With a good chance of rain during the week, this market will improve considerably when it does.
Doboy Station bullocks sold to 245c/kg, weighed 600kg to return $1470/hd.
Bill Patricks feeder steers sold to 272c/kg to return $1297/hd to feedlotters.
Sharon Fisher charolais steers sold to 278c/kg to return $1190/hd to restockers.
P. and K. Logistics heavy heifers sold to 228c/kg, weighed 485kg to return $1102/hd.
R.B. Kenny cows sold to 203c/kg, weighed 510kg to return $1032/hd.
Mary and Tank Gray cows sold to 205c/kg, weighed 590kg to return $1200/hd.
P. and K. Logistics cows sold to 210c/kg, weighed 635kg to return $1316/hd.
Todd Preston bulls sold to 241c/kg, weighed 910kg to return $2186/hd.
Di and Wayne Jefferies angus steers sold to 304c/kg to return $650/hd to restockers.
L. Smith angus steers sold to 280c/kg to return $680/hd to restockers.
Numbers remained steady despite a number of cancellations due to late-afternoon storms providing between 15-40mm of rain.
All categories were represented, however young cattle made up the bulk of the offering. Quality was fair to good through all categories, while a big percentage had condition reflecting the season. There were limited numbers of well-finished young cattle. All the usual buyers were in attendance and operated.
There were varying trends throughout the young cattle, with a number of factors affecting price change. A vast improvement in quality accounted for strong average price improvement for medium and heavy weaner steers to restock and feed. The best of the heavy weights were up to 25c/kg dearer. Heifer weaners to restock sold on a cheaper market trend of as much as 13c/kg.
The best of the heifer vealers suitable to the trade were up to 5c/kg dearer. Medium weight yearling steers to feed remained firm, while those to restockers sold to a dearer trend. Heavy yearling feeder steers had a firm to cheaper market trend, with breed and quality a factor in price change. Heifer yearlings had a reduction in competition, this resulted in cheaper trends of 10c to 20c/kg through the medium and heavy weights. The heavy weights were least affected. Heavy grown and manufacturing steers had a firm to cheaper market trend with age-related price variations. Quality, however, was not a factor. Well-finished grown heifers had little change.
There was a further increase in numbers with little or no rain across the drawing area. Weaners, yearlings and cows made up the bulk of the offering, with limited supplies of well-finished heavy grown steers and heifers. Overall it was a mixed quality penning with the condition reflecting poor seasonal conditions for the most part. There was reduced feedlot competition while the same processors operated this week.
Demand varied through the young cattle, with restockers keen to purchase lower-dollar-value cattle. This resulted in the light weight weaner steers selling to a dearer trend, with breed accounting for a large price improvement. The medium and heavy weaner steers experienced weaker demand and sold to a cheaper trend, the medium weights most affected, down as much as 20c/kg. Heifer weaners to restock had a cheaper trend of as much as 13c/kg on medium weights. Medium and heavy yearling steers to feed had little but quality- and breed-related price change. There were cheaper trends through all classes of yearling heifers, up to 20c/kg on the better quality lines. There were substantial discounts for plain quality light condition young cattle, with little interest shown in the face of a severe lack of feed and water.
Heavy grown steers sold to a cheaper trend, up to 13c/kg with some quality change. The cow market had firm to cheaper trends through the well-finished medium and heavy weights.
Quality improvements and increased yield potential in some cases accounted for an improved average in plainer condition medium weights to process. Bulls sold to cheaper trends.
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