Market Report


 

Market Report – Fat Sale & Market Day

Thursday 5th of December 2019

Last Fat Sale of 2019 Draws Another Large Yarding

 

With the ongoing drought conditions along the Mid North Coast, along with horrific bushfires which have devastated thousands of acres of grazing country, the final Fat Sale of the year has defied the historical trend of small yardings, with 1650 head of mixed quality cattle penned. Amongst the yarding were a lot of plainer conditioned cows and weaners, along with plenty of splitter calves and bobbies as producers continue to offload in response to the season. Good quality cattle in good condition continued to sell reasonably well, while the lighter, plainer lines were met with limited competition.

Around 530 bobby calves and lightweight weaners under 200kg were offered (most would normally end up in next year’s weaner sales), and these sold to mixed competition. Surprisingly, the best which sold to 248.2c/kg for Angus steer weaners, were 18 cents stronger than last sale, while the average of 174c/kg was also better than a fortnight ago by 16 cents.

Medium weight weaners from 200kg to 280kg slipped 20 cents on last sale topping at 266.2c/kg, while similar weight veal to processors were back 8 cents on last sale, topping at 210.0c/kg. Heavy veal from 280kg to 330kg were 12 cents cheaper, selling to 268.2c/kg.

Grown heifers topped at 278.2c/kg, a slight rise in prices against last fortnight’s Fat Sale, while demand for good quality grown steers was still strong – the top price of 290.2c/kg firm on last sale.

 Another large yarding of cows saw medium weight cows from 400kg to 520kg top at 224.2c/kg, similar to last sale, while heavy cows over 520kg were 12 cents cheaper, selling to 226.2c/kg.

34 bulls were penned, the best making 266.2c/kg.

As we count down to the end of 2019, don’t forget that our final sale of the year will be our final sale of the year will be our Store and Breeder Sale on Saturday the 14th of December. Please let us know if you intend to send cattle in so we can have a rough idea on numbers to advise potential buyers.


 

  Don't forget that booking your cattle in helps with our marketing and buyer contact!

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