Market Report 4 June

Cattle– 1763

The offering reduced by 553 cattle, to see a mixed quality penning with similar numbers of young cattle, but a decrease in the cow offering to 600 head. Young cattle quality improved to see the better bred categories sell to dearer trends. All the regular buyers attended, with feeders and restockers active in the light cow market. Light steer weaners to restock saw increases of 20c, with the heifer portion to feed selling to dearer trends of 15c/kg. Better quality light yearling steers saw dearer trends of 7c, as the medium weight steers were 12c/kg better for the feeder drafts. A lift in quality for yearling heifers saw rising trends of 20c/kg for the feeder categories. No grown steers to quote, however heavy grown heifers sold to significant increases. Light processor cows saw dearer trends of 20c/kg, as medium weight cows sold to firm trends, while heavy cows saw firm to slightly cheaper trends. Store cows to the restockers were firm. Once again, exporter competition was strong in the bull market.