Weekly Cattle Market Report: Gunnedah Saleyards

File image: Selling action at the Gunnedah Saleyards.

Market Overview

Gunnedah penned 3,200 mixed cattle this week, consistent with the previous sale. Regular buyers attended, showcasing varied trends based on the quality of livestock presented. Premium quality cattle maintained stable prices, while secondary cattle experienced less favorable outcomes.

Cattle Prices Breakdown

Steers

Light yearling steers saw a decrease of 5c/kg, settling between 338c to 408c/kg. Meanwhile, feeder steers weighing up to 330kgs gained 5c/kg, now priced between 364c to 390c/kg. However, medium feeder steers dropped by 6c/kg, with prices ranging from 320c to 500c/kg. For feeder steers over 480kgs, prices fell 21c/kg, now between 376c to 474c/kg, while those over 480kgs ranged from 358c to 490c/kg.

Heifers

Light background heifers lost 5c/kg, priced between 320c to 348c/kg. Interestingly, feeder heifers weighing up to 330kgs saw a gain of 28c/kg, with prices now at 342c to 362c/kg. Medium feeder heifers dropped by 14c/kg, sitting between 300c to 390c/kg. Conversely, medium processor heifers showed strength, selling between 280c to 415c/kg, while heavy feeders ranged from 288c to 415c/kg.

Other Livestock

Heavy grown steers intended for processing increased in price from 340c to 394c/kg, with corresponding heifers rising by 3c/kg, now reaching 370c/kg. Heavy three and four score cows improved by 4c to 8c/kg, priced between 250c to 358c/kg. Lastly, heavy bulls also showed slight gains, currently priced between 280c to 334c/kg.

Source: Stephen Adams, MLA