THE WEEKLY WEIGH-IN
The latest livestock listings, prices and industry news
SHORT SHARP MARKET ROUND UP..
Lets hope this weekend is the start to better weather to come! Another week of steady beef schedules, with NI lamb also steady at $7.15, and SI lamb has lifted to $7.10.
In the Dairy sector, 100kg Friesian bulls are on the move now, with most fetching around $550. W/H bulls are selling around $600 - $650. There is plenty of demand for weaners, so prices should be steady over the coming week or so. Once we hit the November flow we will see prices ease as larger numbers become available. Dairy herds are being listed for June 2018 forward contract, with prices ranging from $1800 - $2300 depending on breeds and figures.
In the Beef & Sheep sector, demand for store cattle continues to out strip supply with prices remaining steady. 450kg R2 Steers are fetching around $3 - $3.20kgLW, with 450kg R2 heifers fetching $2.80 -$3kgLW. 1yr Friesian bulls are trading around $3.30 - $3.40kgLW, with 300kg bulls trading around $3.10 - $3.20kgLW. Ewes with LAF are trading around $100 all counted. New season lambs will start to hit the market, with prices looking strong for these at present.
Have a great week from the MLR team.
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