East coast cattle slaughter keeps pressing higher, with the highest weekly figure recorded since mid-July at 132,378 head.
The EYCI softened slightly, down 1 per cent on the week, to close at 658.75¢/kg cwt.
NSW and Tasmanian slaughter numbers led the pack, up almost 13 per cent.
Throughput along the east coast was down 8.5 per cent, with Queensland the only state to register a gain in cattle at saleyards with an 8 per cent rise. Higher yardings in the Sunshine State weighed on heavy steer prices.
Only NSW saw an increase in heavy steer prices, with a 2.2 per cent lift to 588¢/kg cwt.
In the west, the WYCI closed 3 per cent higher at 645¢/kg cwt. Beef export prices remained stable after last week’s rally, with the 90CL indicator sitting at 575¢/kg CIF.