That is significantly reducing production capacity at plants from Victoria all the way into Central Queensland this month.Īdd that to the growing mood to shift cattle as a hedge against market melt-down, should FMD find its way into Australia, and the normal seasonal impact of heavy frosts on pasture condition, and it presents an elevated risk of more severe cattle price damage, unless there is a somewhat orderly approach taken by producers.Īs Beef Central has written a number of times over the past fortnight ( click here to view a recent report on feeder steer price movements), fear and uncertainty over the impact an FMD incursion in Australia would have on the cattle market is now bearing a strong influence on the cattle market, for both store and meatworks-ready cattle. That’s a fall of 14pc.Īnother key factor in the decline of slaughter market pricing in recent months is processors’ reduced capacity to kill stock at present, due to staff sickness caused by COVID and common flu. Four-tooth grass ox that were worth as much as 790c/kg early this year are now making 680c/kg on one company’s grid in southern Queensland. On a typical light backgrounder steer weighing say, 330kg liveweight, that’s a fall of a not insignificant $360.Ī not dissimilar trend has been seen in slaughter cattle over the past seven weeks (see today’s separate weekly kill report). The market for young cattle* (*see definition of cattle eligible for the EYCI below) has now fallen almost 190c/kg carcase weight in the past seven weeks, or 16.4 percent (remember that percentage figure, because it comes into play further below in this item). 11 tan heifers weighed 580lbs and sold for an average price of $320.ANYBODY looking at today’s Eastern Young Cattle Indicator graph, plotting prices for the past 12 months, might assume the world is about to end.Ĭertainly the current sharp correction which set in in early June looks extreme, to say the least. 13 Charolais steers averaged 779lbs and sold for an average price of $328.00cwt! One cow weighed 2,010lbs and sold for a price of $146.00cwt! A package of cull cows selling in Cookstown! Thursday – Feeders and StockersĬOMMENT: Calves sold actively on a stronger market.Īb and Ashley Carroll of Downeyville consigned 15 head. Sara McQuaid of Omemee consigned 1 black cow. One cow weighed 1,965lbs and sold for a price of $158.00cwt! A red heifer weighed 1,520lbs and sold for a price of $236.00cwt! Fat cattle selling in Cookstown! Wednesday – Cows and Bullsĭoug and Cal Shelswell of Oro-Medonte consigned 9 cows. One calf weighed 700lbs and sold for a price of $247.00cwt! A veal calf selling in Cookstown! Wednesday – Fat CattleĬOMMENT: Fat cattle sold on a steady market.īrenda McTavish of Rockwood consigned 14 head. Hewitt Creek Farms of Innisfil consigned 4 Holstein calves. One calf weighed 980lbs and sold for a price of $240.00cwt! Matt Hutchison of New Lowell consigned 9 Holstein calves. 11 lambs weighed 99lbs and sold for an average price of $270.00cwt! Lambs selling through our competitive weekly sheep, lamb and goat sale! Monday/Wednesday – Veal 13 lambs weighed 94lbs and sold for an average price of 260.00cwt! What The Flock Acres of Kenabeek consigned 13 lambs. GOATS ** PRICES ON GOATS QUOTED AS CWT **ĬOMMENT: All classes sold on a fully steady market.
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