Cattle suppy is slowing rapidly, with beef schedules all seeing some lift this week. NI lamb is $8.05, with SI lamb at $7.95. On the dairy front, calving is underway for most regions now, with calf markets still showing signs of good demand for early calves with good farm status. Most Friesian bulls are selling around $150 - $200 depending on quality. Some olders calves 10 days + are selling around the $250 mark. Lines of Inmilk and CTP cows and heifers are limited at present, with prices ranging around $1000 - $1500 depending on quality. On the beef and sheep front, store cattle demand is heating up, with limited cattle coming to the market at present. R2 Steers are fetching over the $3 mark, with heifers around $2.80 - $2.90kgLW. R2 Friesian bulls are selling around $2.70 - $2.90kgLW, with R1 Friesian bulls around $3.30 - $3.50kgLW. R1 Steers are moving at $3.70 - $4kgLW, with heifers around $3.30 - $3.60kgLW. Store lambs are in hot demand, with most trading north of $4kg/LW.
Have a great week from the MLR team.