Beyond the Saleyards — Lamb processor prices stay flat

Rob KellyCountryman

National processor prices were flat last week with WA lambs bid 820¢ and east coast prices remaining 20¢ to 40¢ dearer.

Mutton prices in WA remain around 640¢, about 20¢ behind east coast bids.

The wool market finished last week down 18¢ to 1332¢ with the decrease the result of both lower domestic prices and FX movements.

Goat prices look as though they may have hit a bit of a ceiling with east coast bids from butchers dropping back as much as 60¢. However, prices remain historically high at well above 950¢/kg over the hooks.

Cattle markets pushed higher again.

On the east coast, yearlings are bid 700¢, cows at 650¢ and bulls at 520¢ or better.

Liveweight and live export markets were quiet again.

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

  • East coast processor prices: 100 day grain fed (HGP free): steers 740¢, heifers 735¢. Grass fed: steers 700¢, heifers 695¢. Cows 650¢. Bulls 510¢.
  • Queensland feedlots: Black Angus: 600¢, Black Angus British X: 590¢, Wagyu X Angus: POA
  • Queensland export orders: Feeder steers 380¢, slaughter steers 360¢. Feeder bulls 360¢, heifers 375¢, cows 290¢
  • NSW feedlots (steers): 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 livestockpricing.com.au.

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.

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