Significant Increase in Cattle Yarding at Gunnedah Saleyards
File image: Selling action at the Gunnedah Saleyards.
Yarding Overview
Total Yarding: 7200 Change: +3800
On the recent market, 7200 cattle were scanned in Gunnedah, marking a significant increase of 3800 compared to the reduced offerings the previous week. The quality of the yarding was fair, with a notable presence of cows. All major buyers were active, alongside a rise in southern orders. Following market trends, secondary cattle saw a drop in prices, while heavy quality cattle held strong.
Market Prices for Cattle
In the trade for young cattle, the supply was somewhat limited:
- Steers: Ranged from 412c to 440c/kg
- Heifers: Ranged from 290c to 465c/kg
Yearling steers destined for feeding gained between 15c and 20c/kg, achieving prices between 432c and 525c/kg, with an average of 496c/kg. Heifers in this category ranged from 382c to 466c/kg. For light steers aimed at restockers, prices were between 340c and 515c/kg, while heifer prices ranged from 265c to 438c/kg.
Prices for Grown Cattle
The availability of prime grown cattle was limited. Notably, steers reached prices up to 460c/kg, while heifers peaked at 435c/kg. Restocker cows benefited from increased competition, fetching between 200c and 334c/kg. Score 2 and 3 cows for processors sold between 225c and 346c/kg. Prime heavy-weight cows faced a slight decline, dropping 5c and ranging from 312c to 375c/kg, with bulls topping out at 389c/kg.
Source: Hamish Hosegood, MLA Gunnedah
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