Market Summary: Roma Saleyards Yield Strong Results Amid Active Buyer Engagement

Key Statistics

Yarding: 7,495 head Change: +1,572

Market Overview

This week’s sale at the Roma Saleyards reflected the presence of regular buyers, with a notable increase in yarding due to scattered storms in the region. The diversity of the cattle penned ranged from steers and heifers to cows, creating a mixed quality offering. As the sale progressed, a positive trend in the market was observed.

Performance by Category

Yearling Steers

– 200kg to 280kg: Sold from 380c to 530c/kg for restockers.
– 280kg to 330kg: Made to 530c, averaging 476c/kg for restockers.
– 330kg to 400kg: Sold from 310c to 500c/kg for Lot Feeders, with restockers pushing prices to 520c/kg.
– 400kg to 480kg: Affected by positive trends, reaching 520c, averaging 470c/kg for Lot Feeders.
– Over 480kg: Sold at 460c/kg for restockers.

Yearling Heifers

– Under 200kg: Made to 448c/kg.
– 200kg to 280kg: Also peaked at 448c/kg, averaging 396c/kg.
– 280kg to 330kg: Topped 450c/kg.
– 330kg to 400kg: Sold at 430c, averaging 396c/kg.
– 400kg to 480kg: Made up to 430c/kg for Lot Feeders.
– Over 480kg: Prices ranged from 368c to 406c/kg.

Grown Steers

– 400kg to 500kg: Sold from 380c to 520c/kg for Lot Feeders.
– 500kg to 600kg: Peaked at 474c, averaging 426c/kg.
– Over 600kg: Bullocks sold for 430c/kg to processors.
– Grown Heifers over 540kg: Reached 418c/kg.

Cows and Bulls

Approximately 1,300 cows were penned, showing an improvement of nearly 30c/kg for score 3 cows from the previous sale. The prices for 2 score cows ranged from 200c to 394c/kg, while 3 score cows topped at 415c, averaging 395c/kg. For bulls:
– Bulls up to 450kg: Made to 400c/kg.
– Bulls 450kg to 600kg: Sold from 210c to 370c/kg.
– Bulls over 600kg: Topped at 430c/kg for Euro bulls.

Conclusion

The continued interest from buyers and diverse offerings at the Roma Saleyards indicate a strong market position. As buyers adapt to the evolving cattle inventory, future sales are expected to maintain similar momentum.

Market Reporter: David Friend

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