Keen restocker buyers push up cattle prices

Agents yarded 1,205 head at the Northern Rivers Livestock Exchange regular prime sale on Wednesday, October 19.

The yarding of young cattle was made up of a large percentage of weaners and several pens of light yearlings.

Quality was mixed with most of the weaners consisting of light and medium weights.

Competition was stronger with restocker buyers keen to fill orders, as a result the market was dearer depending on weight and breed.

Cow prices saw an increase this week averaging 358c/kg and reaching a top price of 398c/kg.

Heifer prices were stronger with lighter stock up to 250kg averaging 616c/kg and topping at 788c/kg. Heavier heifers over 250kg averaged 450c/kg and reached a top of 598c/kg.

Bull prices saw little change again this week with 25 head sold averaging 350c/kg and 712kg.

Steer prices were stronger with those up to 250kg averaging 697c/kg and reaching a top of 870c/kg.

Heavier steers over 250kg averaged 544c/kg and topped at 664c/kg.

A large number of bullocks sold on the day averaged 415c/kg and reached a top of 434c/kg.

Vealer prices also increased this week with those up to 250kg averaging 670c/kg and reaching a top of 910c/kg. Heavier vealers over 250kg averaged 593c/kg with a top price of 724c/kg.

Ray White Rural held a store sale at the NRLX on Friday, October 21 with 1,092 head going under the hammer.

Steers topped their category at 910c/kg and averaged 706c/kg and 236kg and heifers reached a top of 805c/kg and averaged 620c/kg and 228kg.

Cows reached a top price of $2,975 and cows & calves topped their market at $3,860.

George & Fuhrmann will hold a store sale on Friday, October 28 with 800 head expected. Further bookings are welcome.

NRLX business administration coordinator Tegan George

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