Roma yarded 7000 head at this weeks store sale.
| Roma Store Cattle | 12/12/2006 | Last Week | This Week |
| Market Index: | 100 points. | 100 points | 105.2 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:
“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.”
As predicted we did see exactly that. Steers in the 220-350kgs weight range gained 11-19 cents on heifers of the same weight. Thats a 7-13% upswing in steers values in a week. The market is back in range for all classes except weaner steers under 220kgs.
This would indicate that if we see any number of weaner steers at Roma next week, under 220kgs heifer values will take a hit of 15-20 cents.
| Steer & Heifer | Steer Premium | Steer Premium | Under (-) Over (+) |
| Weight Ranges | Last Week c/kg |
This Week c/kg |
20c Premium |
| <220 kgs | 20 | 3 | -17 |
| 220 - 280kgs | 7 | 18 | -2 |
| 280 - 350kgs | 3 | 22 | +2 |
| 350 - 400kgs | 14 | 20 | 0 |
| >400kgs | 19 | 19 | -1 |
Quotes
|
Description |
No |
Min c/kg |
Av c/kg |
+/- |
Max c/kg |
Av $/hd |
Max $/hd |
| STRS to 220kg | 287 | 115 | 180 | -14 | 213 | 352 | 460 |
| 220 to 280kg | 617 | 124 | 183 | +14 | 209 | 458 | 533 |
| 280 to 350 | 756 | 125 | 175 | +20 | 212 | 542 | 679 |
| 350 to 400 | 430 | 126 | 170 | +10 | 209 | 620 | 753 |
| 400 to 550 | 331 | 133 | 166 | +7 | 175 | 723 | 831 |
| HFRS to 220kg | 901 | 44 | 183 | +9 | 216 | 343 | 412 |
| 220 to 280 | 1184 | 74 | 165 | +3 | 190 | 409 | 483 |
| 280 to 350 | 600 | 106 | 153 | +1 | 166 | 482 | 543 |
| 350 to 450 | 272 | 100 | 150 | +4 | 159 | 566 | 656 |
| Over 450 | 39 | 130 | 135 | -21 | 150 | 633 | 690 |
| Cows 300-400kg | 304 | 30 | 127 | +19 | 174 | 473 | 665 |
| 400-500kg | 576 | 71 | 152 | +22 | 186 | 679 | 866 |
| Over 500kg | 59 | 123 | 141 | -6 | 160 | 742 | 833 |
| Cows and Calves |
NQ | NQ | NA | NA | NA | NQ | 695 |
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Tags: Cattle Markets
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