The Roma yarding fell to 3800 head this week was down from 8,000 last week. Good falls of rain around western Queensland over the weekend was the reason given for the smaller yarding.
| Roma Store Cattle | 12/12/2006 | Last Week | This Week |
| Market Index: | 100 points. | 98.5points | 100 points |
Average Steer price Premium
It’s accepted that Steers in a weight range will make a 20 cent per kilo liveweight premium over heifers of the same weight range. I believe a good indication to future price movements is to track the Premium gap between steers & heifers.
Of last weeks market I said:
“This week shows an extraordinary blowout in the premium gap in the 220-350kgs weight range of 34 - 40 cents. This is not sustainable.”
As it turns out this was spot on. Another extraordinary movement in this weeks market shows the vagaries of the auction system (not that I’m knocking it). With numbers in short supply the heifers in the 220-350kgs weight range gained 31-33 cents on steers.
Wow - thats a 20% swing week to week. No wonder most producers have their ‘hearts in their mouth’ as they send the truck off to market with their cattle.
Now the market has swung to much the other way with Steers only making 3-7 cents av more than heifers in the 220-350kg weight range (last week it was 34-40 cents). So you can expect another substantial price adjustment next week.
| Steer & Heifer | Steer Premium | Steer Premium | Under (-) Over (+) |
| Weight Ranges | Last Week c/kg |
This Week c/kg |
20c Premium |
| <220 kgs | 27 | 20 | 0 |
| 220 - 280kgs | 40 | 7 | -13 |
| 280 - 350kgs | 34 | 3 | -17 |
| 350 - 400kgs | 20 | 14 | -6 |
| >400kgs | 19 | 11 | -9 |
Quotes
|
Description |
No |
Min c/kg |
Av c/kg |
+/- |
Max c/kg |
Av $/hd |
Max $/hd |
| STRS to 220kg | 143 | 148 | 194 | +4 | 212 | 376 | 423 |
| 220 to 280kg | 276 | 89 | 169 | -19 | 211 | 428 | 559 |
| 280 to 350 | 464 | 65 | 155 | -21 | 203 | 489 | 610 |
| 350 to 400 | 223 | 116 | 160 | -5 | 180 | 602 | 676 |
| 400 to 550 | 125 | 80 | 159 | -5 | 176 | 722 | 935 |
| HFRS to 220kg | 412 | 80 | 174 | +11 | 198 | 342 | 394 |
| 220 to 280 | 219 | 120 | 162 | +14 | 173 | 392 | 424 |
| 280 to 350 | 105 | 96 | 152 | +10 | 160 | 471 | 537 |
| 350 to 450 | 36 | 135 | 146 | +1 | 157 | 529 | 620 |
| Over 450 | 10 | 134 | 156 | +4 | 158 | 709 | 714 |
| Cows 300-400kg | 8 | 96 | 108 | +26 | 110 | 352 | 355 |
| 400-500kg | 71 | 108 | 130 | +8 | 141 | 577 | 630 |
| Over 500kg | 54 | 127 | 147 | +16 | 159 | 773 | 858 |
| Cows & Calves |
0 | NQ | NQ | NQ | NQ | NQ | NQ |
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Tags: Cattle Markets
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