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Mt Compass Market Report 29 August 2018

Mt Compass Market Report 29 August 2018

Mount Compass Market Report

Yarding: 740

There was a yarding of generally better quality cattle offered by agents.

All of the usual buyers were in attendance and bidding was stronger and values lifted on most classes compared with last week’s sale.

Export cattle were in demand and local as well as interstate processors bid strongly to secure numbers.

Heavyweight bulls were scarce and sold from 210c to 220c/kg, lightweights sold to stronger demand, they lifted 10 to 15c and returned 220c to 240c.

Cow numbers were similar to last week and heavyweight beef breed cows lifted marginally, they sold from 220c to 240c with a hand full of Euro cows selling to 255c, lightweights sold from 160 to 200c and dairy bred cows returned vendors up to 180c/kg.

Heavyweight steers and bullocks were in demand, prices lifted 10 to 15c and they sold from 270 to 305c. Grown heifers remained firm and sold from 240 to 270c.

More vealers were yarded, trade buyer bidding was only sedate and prices eased on strong recent sales and vendors returned prices from 270 to 305c.

Prime yearlings were scarce, few steers were yarded and the heavier end of the heifer run sold from 230 to 250c.

A good run of, generally well bred, store condition, lightweight cattle sold to solid bidding from feeders and restockers at prices 5c dearer than recent sales. Two major processors were the major buyers, they sourced cattle to go in to feed lots and there was some local restocker interest on lightweight cattle to feed on in the paddock. Vendors realised prices from 290 to 305c for quality stores.

The few cow and calf units attracted good bidding selling from $1100 to $1300/unit.

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