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- 3 Droughtmaster Bulls
27 MONTH OLD BULLS, BRED IN TICKS, VACCINATED, 3GERM BLOOD, CALF RECORDED FROM STUD HERD.
AVAIL ON FARM OR AT KINGAROY SALE 30TH JUNE 09. - To view full listing details click here
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Roma sale 7/7/09
90 charolais/Hereford,Hereford cross steers 260kg to 340kg approx 10 to 12months of age EU accredited. Ideal for backgrounding for feeder or bullock market with potential to grade milk teeth over 300kg dressed. For more information contact Cyril Close- 07 4622 7077 or Mb: 0428 222 308
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Tuesday livestock summary- 30/06/2009
At Toowoomba, numbers remained steady and quality was mixed. Vealer steers to restockers averaged 196¢ with sales to 210¢/kg. Yearling steers to similar orders sold around 184¢ with sales to 187¢/kg. Medium weight 2 score cows averaged 115¢ while the 3 scores averaged 135¢/kg.
At Tamworth, numbers fell for a mixed quality offering. Restockers were active on vealer steers which sold 8¢ to 15¢/kg dearer. Light and medium weight yearling steers to restock and feed remained firm. Heavy grown steers and sold firm to dearer while cows held firm.
At Wagga, numbers decreased by almost half in an improved quality yarding. Feeder steers competition weakened as values eased 2¢ to 5¢/kg. The limited numbers of grown steers and bullocks sold 15¢ to 18¢/kg stronger. Heavy cows strengthened in price up to 10¢ while the light and medium weight lines were 6¢ to 7¢/kg dearer.
At the conclusion of Monday’s markets the Eastern Young Cattle Indicator (EYCI) rose 1c on the previous week to 335.75¢/kg cwt. Trade steers held firm at 189¢ while feeder steers slipped 2¢ – to 176¢/kg. Japan ox improved 8¢ – to 181¢ and US cow finished 1¢ dearer at 128¢/kg.
At Bendigo, numbers slipped and quality was reasonable. Medium and heavy trade weight lambs were firm to $3/head dearer and averaged 474¢ to 507¢/kg cwt. Heavy lambs were $2 to $7/head dearer and averaged 508¢ to 531¢/kg cwt. Mutton numbers stayed steady and quality was mixed. Most grades sold to a cheaper trend with medium weight Merino ewes averaging $63 to $77.40/head.
At Dubbo, Numbers remained similar and quality improved. The medium and heavy trades improved $2 to range from $89 to $118/head or averaging 488¢ to 513¢/kg cwt. Lightweight lambs to the supermarket trade improved $2/head. Values for the medium weight sheep were $2 to $3 dearer, while the heavyweight crossbred ewes slipped $4/head.
At the close of Monday’s markets, the eastern states sheep and lamb indicators were cheaper than last week. Restocker lamb lost 15¢ to 436¢, while Merino lamb was 5¢ cheaper at 403¢/kg cwt. Light lamb slipped 6¢ ending at 399¢ and trade lamb declined 2¢ to 500¢/kg cwt. Heavy lamb was 8¢ cheaper settling at 501¢/kg cwt. Mutton lost 13¢ to 300¢/kg cwt.
National supply falls
Supply across MLA’s NLRS reported saleyards dropped back 4% from last week despite the majority of states yarding greater numbers. Queensland, SA and WA all yarded more numbers however was overshadowed by reductions at both NSW and Victoria.
The larger Queensland throughput increased 21% on the previous week as Warwick witnessed 27% more head. The larger trend was influenced by a reduced supply the previous week due to scattered showers.
Both NSW and Victoria went against the trend to yard 13% and 7% less cattle respectively. The reduced yardings was influenced by some patchy rainfall and the approaching end of financial year. Such factors combined with a limited state supply caused Tamworth and Wodonga to yard 28% and 20% less numbers respectively.
The overall quality of the offering continues to be mixed with a larger percentage of store conditioned cattle entering the market, reflecting the current winter conditions. Young cattle continue to dominate the markets while cow numbers remain steady.
Prices edge higher
Cattle going direct to slaughter or feed have met solid competition as values continue to climb. The declining supply and lack of suitable lines has encouraged improved values as both processors and feeders lift rates in a bid to entice greater numbers. There is also an anticipated winter shortfall aiding to the mix of competition and dearer levels. Despite rates improving, the market is predominantly supply driven with little domestic and international demand.
The eastern states indicators continue to edge forward, reaching the highest levels for the year. At the conclusion of Tuesday markets, the Eastern Young Cattle Indicator (EYCI) rose 2.25¢ on the previous week to settle at 337.5¢/kg cwt. The trade steer indicator improved 1¢ – to 190¢ while feeder steers slipped 2¢ to finish at 175¢/kg. Japan ox lifted 7¢ – to 181¢ and US cow held firm at 129¢/kg.
Meat exporter blazes a trail with 'Eco Beef' label
NIPPON Meat Packers is the first Australian beef exporter to acknowledge the growing environmental awareness in Japan, recently launching its trailblazing Eco-Beef brand program carrying strong environmental credentials. Eco-Beef is generated out of the company's 50,000-head Whyalla feedlot near Texas, Qld, and processed at the nearby Oakey Holdings export abattoir.
The new brand was launched to major Japanese customers last year at a major corporate food exhibition. So far, the program has had a fairly low-key launch, being released into several small to mid-scale regional supermarket chains across the country. Longer-term, however, there is significant growth potential. click to read more
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