Beyond the Saleyards - Stability still key for WA prices

Rob KellyCountryman

WA prices were stable again last week, with crossbred lambs remaining around 740¢ in the spot market and rising to 820¢ for July.

Mutton and hoggets are bid 620¢ in the spot market. Feedlots are bidding 340¢ for crossbred lambs and 330¢ for Merinos, and are picking up a lot of stock, making it hard to get space in the near term. Supplies are tightening, so the market appears to have a good level of support.

East coast markets have firmed again, with rain limiting immediate supplies while leading to increased restocker demand.

The wool market closed up 8¢ to 1285¢ last week, with a sharp drop in the pass-in rate to 9.4 per cent.

Goat markets were unchanged with depots on the east coast back about 400¢, and processors continuing to bid above 1000¢.

Cattle processor grids followed last week’s trend with QLD processors lowering grids by 10-20¢.

In WA, at least one cattle processor has closed for early maintenance, but the restocker/feedlot market remains well bid above 480¢ for feeder steers.

There were fewer new export orders over the past week, but bids for Brahmans in the north-east remain above 400¢ for steers, around 400¢ for bulls, 380¢ for heifers, and close to 300¢ for cows.

Processor and feedlot bids at the start of the week (c/kg or $/head):

WA restockers: Angus/Murray Grey milk-tooth feeder cattle — steers 480¢, heifers 450¢. Contact LIVEstock Pricing for buyer details.

East coast processor prices: 100 day grain-fed (HGP free): steers 700¢, heifers 695¢. Grass-fed: steers 695¢, heifers 690¢. Cows 600¢. Bulls 530¢.

Queensland feedlots: Black Angus: 495¢, Black Angus British X: 485¢, Wagyu X Angus: 660¢

Queensland export: Feeder steers 400¢, slaughter steers 380¢, feeder bulls 370¢, heifers 360¢, cows 270¢.

NSW feedlots (steers): Black Angus: 425c. British, Euro X, Flat Back: 465¢, XB 445¢.

China export orders: Heifers (unjoined): Friesians $2100 Holstein (200+kgs, no blood tests) $1000-$1200. Red Angus $1300. Jersey unjoined heifers (200kg) $1300.

Full price grids and details for all these orders are available in the LIVEstock Pricing app and online at

Rob Kelly is the Founder and Managing Director of LIVEstock Pricing, a free service with the latest sheep, cattle and goat price grids in one easy-to-use app.

Get the latest news from in your inbox.

Sign up for our emails