8500 head were yarded at yesterdays Roma store cattle sale. We publish the Roma store cattle market results because it is the ONLY market that has an index to work off. This is a guide although it would be more accurate if the index was adjusted to the annual Agricultural inflation rate.
The Agflation rate is different of from normal inflation as it reflects the annual increase in farm input costs such as, chemical, fertilizer, labor, diesel (transport) and interest rates. If AgFlation was factored into the index it would give farmers & graziers a true indication of store beef cattle returns.
| Roma Store Cattle | 12/12/2006 | Last Week | This Week |
| Market Index: | 100 points. | 101.1 points | 101.4 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.
This week all weigh ranges except weaners under 220kgs were back in range. Expect weaner steers under 220kgs to be 10-15 cents stronger than this week.
| Steer & Heifer | Steer Premium | Steer Premium | Under (-) Over (+) |
| Weight Ranges | Last Week c/kg |
This Week c/kg |
20c Premium |
| <220 kgs | 21 | 7 | -13 |
| 220 - 280kgs | 24 | 19 | -1 |
| 280 - 350kgs | 26 | 18 | -2 |
| 350 - 400kgs | 5 | 17 | -3 |
| >400kgs | -3 | 12 | -8 |
Quotes
|
Description |
No |
Min c/kg |
Av c/kg |
+/- |
Max c/kg |
Av $/hd |
Max $/hd |
| STRS to 220kg |
283 |
132 |
186 |
-5 |
196 |
375 |
425 |
| 220 to 280kg |
1065 |
138 |
182 |
-2 |
208 |
456 |
550 |
| 280 to 350 |
920 |
100 |
172 |
-2 |
203 |
547 |
630 |
| 350 to 400 |
578 |
132 |
171 |
+8 |
183 |
633 |
712 |
| 400 to 550 |
597 |
142 |
166 |
+3 |
178 |
725 |
874 |
| HFRS to 220kg |
782 |
80 |
179 |
+9 |
204 |
348 |
439 |
| 220 to 280 |
1318 |
70 |
163 |
+3 |
210 |
407 |
520 |
| 280 to 350 |
424 |
136 |
154 |
+6 |
166 |
474 |
531 |
| 350 to 450 |
295 |
80 |
154 |
-4 |
164 |
579 |
696 |
| Cows 300-400kg |
310 |
54 |
113 |
+0 |
127 |
406 |
496 |
| 400-500kg |
599 |
70 |
135 |
+9 |
156 |
597 |
741 |
| Over 500kg |
89 |
125 |
138 |
+11 |
141 |
723 |
896 |
| Cows & Calves |
NQ |
NA |
NA |
NA |
NA |
470 |
855 |
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Tags: Cattle Markets
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