Supply up as growers offload

LIVESTOCK supply climbed to a high level as larger cattle producing properties in the western areas of the state are facing a serious shortage of surface water forcing them to offload stock.

The Roma store sale recorded 10,000 head and numbers at the Dalby sale lifted to the highest level for just over 10 years.

These factors combined with the return of Longreach into the selling program lifted supply at physical markets covered by MLAs NLRS by 63%.

The usual panel of processor and feeder operators were present at most markets, along with an increased number of restocker buyers.

Larger numbers allowed average prices to vary in places how

ever feeder operators and restockers were able to absorb the increased numbers plus maintain prices similar to the previous week.

A large selection of lightweight yearling steers returned to the paddock at 194¢ with a few consignments to 218.2¢, while D muscle lines averaged 168¢/kg.

The majority of medium weights sold to restockers in the high 180¢ to 190¢/kg range with some to 209.2¢/kg. Heavy weights to feed mostly sold at 175¢ with a few to 178.2¢/kg.

Lightweight yearling heifers met very lacklustre demand with only a few sales into the 160¢/kg range. The large supply of D muscle lines far outweighed demand an average prices fell by 18¢ to average 146¢/kg.

Heavy steers and bullocks to export slaughter across all markets sold to a cheaper trend.

Values at early and midweek sales eased by 4¢ to 7¢/kg with half of the reduction in prices due to a decline in quality.

By late week, markets price corrections of 3¢ to 7¢/kg was experienced on better quality lines.

Heavy steers mostly sold around 178¢ with supplementary fed lines to 190.2¢/kg.

Topics:  livestock markets prices roma store sale

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