Cow, bullock supplies lift

Southern export cattle prices were softer under increased supplies.


Market Analysis
Feedlots and grass-finishers were eager for this line up of grown steers at Hamilton where prices persisted to average 300c/kg across a range of weights.

Feedlots and grass-finishers were eager for this line up of grown steers at Hamilton where prices persisted to average 300c/kg across a range of weights.

Aa

Increases in cow and bullock supplies have led the saleyards market lower this week.

Aa

Sharp increases in saleyard cow and bullock supplies with the start of summer were the largest moves by the indicators this week.

Both rose by 10 and 20 percent respectively and along with a rise of Aussie-dollar value now trading mid-US73-cents levels saw physical market prices soften in response.

The persist supply of cows through Victorian markets is a longer term concern for the industry. While the heightened turn-off of dairy cows pressured by profitably continues as a worry increased numbers of beef cows are also beginning to present as calves come forward to the weaning yards.

Lamb supply was stable as the southwest turn-off remains at a peak while the east coast lamb kill was eased.

The story Cow, bullock supplies lift first appeared on Stock & Land.

Aa

From the front page

Sponsored by