Friday, April 26, 2024

Coalgate sale 18.5

Avatar photo
Low numbers of store lambs continue to come forward at Coalgate, which is keeping the pressure on buyers, while a big offering of prime cattle sold with mixed results.
Reading Time: < 1 minute

Just over 1000 store lambs were penned, and by sale end they headed off in four main directions they headed off in four different directions as demand is not waning. The top lambs were rams at $105-$106, with most other good lines trading at $90-$100, and lighter types, $61-$89.

Prime lamb numbers were similarly low, though that is not as unusual for this time of year. Three main buyers dominated this market, and prices firmed to $100-$140. The ewe market continued its strong run, and light ewes lifted $2-$5 to achieve $50-$79, while the better types mainly traded at $90-$129, with a small top end up to $133-$161. Breeding ewes are coming out slowly, and one significant line of 189 mixed age sold very well at $154.

A big yarding of prime heifers and cows kept auctioneers busy, and prices held up fairly well, though cows did ease. Heavy prime steers, up to 630kg, traded at $2.82-$2.95/kg, but as the weights dropped the c/kg came up for the better quality lines, with forward beef stores, 401-437kg, achieving $3.10-$3.16/kg. Prime heifers were not far behind the boys, and a good portion of the offering were 511-560kg, and made $2.83-$2.90/kg, with second cuts earning $2.75-$2.82/kg. Local trade also sold up to $2.80-$2.90/kg. Cows were mainly dairy, and prices eased to $1.65-$1.75/kg.

Weaner cattle featured in a small store section, with a mainly beef and beef-cross line up selling well. Angus steers, 130-180kg, made $635-$780, with a heavier line to $1000, while traditional heifers, 142-161kg, returned $650-$715.

Total
0
Shares
People are also reading