Market Reports


SINGLETON FAT CATTLE SALE 16/10/2019

 

There was a total yarding of 550 head at Singleton this week, 160 head more last week’s sale. 

 

Numbers increased this week with young cattle well supplied. There were a few well finished heavy grown steers and some very good cows. Overall the quality of the young cattle was mixed. There was a good supply of well finished cattle suitable for the trade, having been finished on both crop and supplementary feed. Restockers were also well catered for. The usual buyers were in attendance and competing strongly on the better quality lots.
 
Strong restocker competition combined with some quality improvement resulted in steer vealers returning to the paddock selling to a dearer trend.
 
Quality and breed variation accounted for a large range in price with the lesser quality cattle struggling to attract much competition.
 
The heifer portion however sold to a slightly cheaper trend.
 
The limited supply of heifer vealers to the trade were dearer for quality.
 
There were strong gains for the better quality yearling steers to restock and feed, again there was restricted activity on the plainer quality lots.
 
Well finished trade yearlings sold on a firm to dearer trend with butchers competing strongly.
 
Heifer yearlings to restockers sold to a much dearer trend with breed and quality contributing.
 
There was an improvement in quality for heavy grown steers with this reflecting in prices achieved. It was a very strong cow market with all classes showing significantly dearer trends. There was also an improvement in quality.