Cattle north prices south

While Victoria leaks cattle to the north prices drift south


Market Analysis
FOCUS: Lamb supply this week was held within the offered demand allowing prices to recover recent deep losses.

FOCUS: Lamb supply this week was held within the offered demand allowing prices to recover recent deep losses.

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Cattle indicators continued their slide as the dust settled post the Cup-Day holiday.

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Cattle indicators continued their slide at local saleyards as the dust settled after the Cup Day holiday.

And despite a strong presence of northern operators across the state, the drift in prices although slight was steady for export lines.

The price of cows was most affected with the main categories shedding seven to 13 cents a kilogram live.

Grown steer and bullock rates were also trimmed 5-7c/kg live, while young cattle values bucked the trend for quality but were cheaper for plainer and feeder lines.

In lamb, supply was further moderated resulting in increases to demand; heavy classes were most affected rising $15-$20 a head, while trade weights were $5-$10 dearer. Mutton averaged slightly lower for the week.

The story Cattle north prices south first appeared on Stock & Land.

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