Roma Store Cattle Sale on Tuesday yarded 6400 head. Heavier steers, heifers and cows were all easier and the Roma Store Index was back 4.1 points to 101.1 points.
| Roma Store Cattle | 12/12/2006 | Last Week | This Week |
| Market Index: | 100 points. | 105.2 points | 101.1 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 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.“
And they did. Heifers in the under 220kgs weight range lost 13 cents whilst the steers gained 11cents bringing the premium for steers back up to 21cents.
Don’t take any notice of the huge jump quoted for heifers over 450kgs as this was exclusively a line of 92 Charbray Breeder heifers from Augathella that makes this look like a 42 cent gain.
The North Australian Pastoral Co (NAPCO) offloaded a line of 460 cross bred cows from their Mount Isa property “Glenormiston Station”. The cows were sold open auction for $650/head.
| Steer & Heifer | Steer Premium | Steer Premium | Under (-) Over (+) |
| Weight Ranges | Last Week c/kg |
This Week c/kg |
20c Premium |
| <220 kgs | 3 | 21 | +1 |
| 220 - 280kgs | 18 | 24 | +4 |
| 280 - 350kgs | 22 | 26 | +6 |
| 350 - 400kgs | 20 | 5 | -15 |
| >400kgs | 19 | -3 | -23 |
Quotes
|
Description |
No |
Min c/kg |
Av c/kg |
+/- |
Max c/kg |
Av $/hd |
Max $/hd |
| STRS to 220kg |
223 |
100 |
191 |
+11 |
218 |
382 |
472 |
| 220 to 280kg |
469 |
120 |
184 |
+1 |
214 |
468 |
549 |
| 280 to 350 |
638 |
120 |
174 |
-1 |
214 |
539 |
648 |
| 350 to 400 |
422 |
110 |
163 |
-4 |
178 |
619 |
681 |
| 400 to 550 |
487 |
122 |
163 |
-3 |
174 |
718 |
862 |
| HFRS to 220kg |
787 |
100 |
170 |
-13 |
204 |
341 |
428 |
| 220 to 280 |
907 |
100 |
160 |
-5 |
198 |
396 |
472 |
| 280 to 350 |
600 |
96 |
148 |
-5 |
165 |
452 |
556 |
| 350 to 450 |
290 |
126 |
158 |
+8 |
178 |
623 |
784 |
| Over 450 |
98 |
140 |
177 |
+42 |
185 |
825 |
915 |
| Cows 300-400kg |
184 |
60 |
113 |
-14 |
130 |
411 |
480 |
| 400-500kg |
251 |
93 |
126 |
-26 |
143 |
562 |
682 |
| Over 500kg |
7 |
124 |
127 |
-14 |
130 |
679 |
737 |
| Cows and calves |
NQ |
NA |
NA |
+0 |
NA |
NA |
690 |
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Tags: Cattle Markets
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