The Eastern Young cattle Indicator (EYCI) has lifted 8¢/kg, or 2.7pc, on the previous week to finish at 306.25¢/kg cwt, at the conclusion of Wednesday’s markets.
Trade steers finished 3¢ dearer at 165¢ while feeder steers improved 10¢ – to 162¢/kg, according to the MLA.
Both the Japan ox and US cow indicators lifted 5¢ to settle at 161¢ and 125¢/kg respectively.
In Queensland, rain in surrounding areas has reduced numbers at Dalby, while quality has remained mixed.
Store cattle attracted strong demand from restockers, which saw lightweight yearling steers sell to 205¢ and averaged 187¢/kg. Export grades enjoyed a further lift in values with steers and bullocks 7¢ to 9¢/kg dearer.
Cows improved 3¢ to 8¢ while heavyweights averaged 140¢/kg.
In NSW, throughput at Casino remained firm with a light supply of yearlings and a good yarding of grown cattle.
Competition was stronger with most vealers improving 8¢ to 10¢ while lightweight yearlings finished 6¢ to 8¢/kg dearer.
Steers and bullocks sold 3¢ to 7¢ dearer and cows improved 5¢ to 10¢/kg.
In Victoria, the smaller yarding at Warrnambool met strong demand over most categories.
Yearling steers averaged 2¢ to 5¢ dearer with sales to 180¢/kg. Heifers met mixed inquiry selling firm to 4¢/kg cheaper.
Prices for grown steers and bullocks averaged 4¢ to 5¢ dearer which saw prime grown steers sell from 146¢ to 165¢/kg.
Keen export interest lifted cow rates 3¢ to 10¢ with good quality lines selling to 146¢/kg.
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