LAST Friday heralded the second day of the Euroa agents End of Financial Sale, which saw just over 2000 good to very good quality steers sold.
Mick Curtis, Newmarket Livestock-Rodwell Euroa, commented that it was a credit to producers who presented a run of cattle of the highest quality, that hasn't been seen in Euroa for some time. These comments were backed up by the strong contingent of feedlot and local competition.
The sale opened with two processors purchasing heavier steers for their feedlots, and this strong competition saw grown steers of JM&LJ Burston sell for the sale's top price of $970.
Numerous of other sales were from $760-$890, and with many of these steers being weighed, prices equated from 195-215 cents per kilogram liveweight.
Teys Bros and Thomas Foods International purchased the lion's share of the heavier steers and both were happy with their purchases.
Other feedlot buyers competed with many local and district farmers to secure lines of steers after the first two lanes had been purchased mostly for grain feeding.
Admittedly, the weaned steers were of good to very good breeding and quality, demand improved as the sale progressed, for steers that were younger and of lighter weight.
N&S Brown sold the highest price pen of weaned steers, being 26 Angus steers, TeMania and Welcome Swallow-bld, 8-10 months, which made $820, or 216c/kg lwt.
Equalling this was Flowerdale Farms with 16 Newnham-bld Angus steers at $820.
Many pens of steers sold between $680-$800, which equated to liveweight prices between 210-230c/kg.
Some consignments varied a lot in age and weight.
Most of the younger steers sold to very strong demand making mostly from $435-$620.
See PETER KOSTOS's full report in this week's Stock & Land.
