Stock Report: Aug 8

By Stuart Sheldrake

THERE was a light offering of only 703 cattle, with very few export cattle yarded.

Export cattle were slightly easier and with not many cattle there they were slightly easier on quality and numbers.

The majority of the yarding was made up of a sprinkling of all types.

There were a handful of good weaners they could have been ten to 15 cents cheaper.

Good cattle to kill they may have been 3 to 5 cents cheaper.

A fair few of the cattle coming through the market at the moment that are secondary and inferior scores, especially secondary yearling cattle and those cattle are suffering the big effects and they could have been 10 to 15 cents cheaper again.

Unfortunately, the market is easing at the moment due to the meat job not exactly firing at the moment.

Apparently there was a lot of meat bought at dear prices and they haven’t on-sold that meat yet and I think that’s having an impact.

The market is easing at the moment, but I think the thing that may just hopefully see it steady over the next week or two and I think numbers will have an impact.

I don’t think numbers over the next week or two will be short, but the last thing we would want would be selling 1,500 or 2,000 every wee, we’d be in all sorts.

But it is just light on and that’ll help things a little bit.

There are a few kill cattle and also feedlot cattle booked in at places at the moment, we’re seeing those direct cattle going to abattiors and feedlots booked out for six to eight weeks in advance, so there is a little glut of cattle which is not helping at the moment either.

Read the full report from Meat and Livestock Australia: Scone Cattle Report.