Friday, March 29, 2024

Lorneville sale 15.05

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Cows continued to flow with consistency into the Lorneville sale yards on Tuesday, while solid competition for sheep resulted in a steady to firm store lamb market, and improved prime.
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Heavy store lamb prices mirrored the previous week’s results at $100-$115, while a firm tone for the balance had medium types at $90-$100 and light, $70-$85.
Improvements were much more evident in the prime pens though as both lambs and ewes lifted in price. Lamb prices were up $5-$10 across the board, with heavy types making $150-$172, medium $130-$141, and lighter, $125-$129. A big lift in ewe prices meant the top lines reached $140-$176, while medium ewes realised $108-$136, and light, $80-$96. Very light ewes made $20-$70, and rams, $107-$128.

Most of the cattle action was in the prime pens, and more specifically the cows. Prices were reasonably steady despite the larger number and those 450kg plus traded at $1.18-$1.25/kg, which was very much in line with the previous week. Lighter types, 420-450kg, made $1.10-$1.20/kg and 380kg down to 80c/kg. Prime cattle numbers were limited as steers, 420-450kg, sold on a steady market at $2.35-$2.50/kg, while beef heifers, 420kg plus, firmed to $2.35-$2.45/kg.

A small store section was a game of two halves, as demand was solid for older cattle though there was limited interest for a small entry of weaner cattle. Hereford-cross steers proved to be the most popular in the R2 pens, making $2.54/kg for 324kg, while heavier beef-cross, 380kg, returned $3.39/kg. Beef-cross heifers, 373kg, managed to push to $2.42/kg, while Hereford-cross, 310kg, made $2.29/kg.

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