Sub-par autumn affects prices

Sub-par autumn affects prices


Newsletter Feed
Aa

A lacklustre start to the autumn break is forcing producers to bring forward stock to market.

Aa

The Eastern Young Cattle Indicator finished off 3.7 per cent to 495.7¢/kg cwt, as a lacklustre start to the autumn break forces producers to bring forward stock.

The EYCI moves were mirrored in all other cattle categories, although trade and heavy steers are holding up reasonably well in comparison to other classes with 1.3 per cent (281¢/kg lwt) and 2.6 per cent (260¢/kg lwt) declines.

Medium cow, the worst effected on the week, had a 12.7 per cent drop to finish at 173¢/kg lwt.

Increased cattle throughput was noted across all states. The big increases were evident in NSW and Queensland. The impact of this flowed to broader east coast yarding levels, with the 84,395 head sitting 50 per cent higher than the seasonal five-year pattern for this time in the year.

*Mecardo, Ag Concepts

Aa

From the front page

Sponsored by