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Roma Store Cattle Sale - 8/07/2008

The largest Yading of the year with 12,000 head at this weeks Roma store cattle sale. This was up 2,500 head on last week. Of the yarding 3,400 head came from these 4 vendors:

The Murray family, Kindee Pastoral Co, Injune, with 1,664 head - 1017 steers & 647 heifers. Comprising - 440 Charolais cross steers averaging 332kg, 576 Santa cross and Angus cross steers averaged 350kg, 332 mainly Santa cross heifers averaging 350kg and 315 Charolais cross heifers averaging 300kg.

Western Grazing Co “Rocklands” Camooweal with a line of 684 Santa heifers averaging 201kg.

Allendale Cattle Co “Allendale” Morven with 600 Droughtmaster cross and Angus cross heifers averaging 205kg.

Ralph Russell “Brides Creek” Blackall with 456 head. Comprising 223 mainly Charolais cross steers averaging 264kg and 233 mainly Charolais heifers. Averaging 255kg.

Roma Store Cattle 12/12/2006 Last Week This Week
Market Index: 100 points. 103.5 points 106.3 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.

Last week I predicted -

This week all weigh ranges except heavier feeder types over 350kgs were back in range. Expect heavier heifers to ease by about 10-13 cents next week.

And I was wrong, the gap has got wider. I still think it has too happen. We’ll see if it corrects itself next week.

Steer & Heifer Steer Premium Steer Premium Under (-) Over (+)
Weight Ranges Last Week c/kg
This Week c/kg
20c Premium
<220 kgs 22 25 +5
220 - 280kgs 24 25 +5
280 - 350kgs 18 21 +1
350 - 400kgs 10 10 -10
>400kgs 7 5 -15

Quotes from this weeks Roma Store Cattle Sale.

Description

No

Min c/kg

Av c/kg

+/-

Max c/kg

Av $/hd

Max $/hd

STRS to 220kg

610

86

191

+1

219

368

460

220 to 280kg

1598

78

190

0

216

474

571

280 to 350kg

1467

116

184

+5

212

572

670

350 to 400kg

463

130

176

+1

193

670

742

400 to 550kg

1148

152

174

+2

187

783

944

HFRS to 220kg

1743

90

166

-3

186

321

404

220 to 280kg

1664

100

165

-1

185

405

469

280 to 350kg

779

100

163

+2

182

498

627

350 to 450kg

648

139

169

+4

179

664

774

Cows 300-400kg

338

90

134

+17

165

470

630

400 to 500kg

381

118

147

+12

168

670

781

Over 500kg

317

130

150

+11

163

838

1026

Cows and Calves

NQ

NA

NA

NA

NA

NA

810

Click here to see all Roma Store Cattle Sale Reports.

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