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Roma Store Cattle Sale Report 22nd July 2008

The yarding was 10,500 head at this weeks Roma store cattle sale. This was up 1,700 head on last week. The store index fell 1.4 points this week. it has fallen 3.4 points or 3.5% in the last 2 weeks.

Roma Store Cattle 12/12/2006 Last Week This Week
Market Index: 100 points. 104. points 102.6 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 -

“Expect to see weaner heifers improve by up to 10 cents next week as a 30 cents gap is not sustainable.”

Weaner Heifer prices improved this week by 11 cents.

Last week I predicted that heifer over 350 KGs would ease this week. they didn’t. At present the price gap between steers and heifers over 350kgs is just 6-8 cents. Historically this is not sustainable, although good if you are selling heavy heifers.

Steer & Heifer Steer Premium Steer Premium Under (-) Over (+)
Weight Ranges Last Week c/kg
This Week c/kg
20c Premium
<220 kgs 30c 21c +1
220 - 280kgs 24c 23c +3
280 - 350kgs 15c 21c +1
350 - 400kgs 11c 8c -12
>400kgs 13c 6c -14

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

550

50

194

+2

214

355

445

220 to 280kg

1260

124

186

-4

212

466

566

280 to 350

1511

100

179

+5

206

562

647

350 to 400

1001

120

170

-2

184

638

700

400 to 550

1043

120

168

-5

180

740

933

HFRS to 220kg

988

30

173

+11

196

332

387

220 to 280

775

60

163

-3

177

402

476

280 to 350

725

90

158

-1

175

500

587

350 to 450

721

110

162

+1

173

617

756

Cows 300-400kg

370

50

128

+1

137

462

542

400 to 500kg

280

90

132

-8

150

586

698

Over 500kg

54

115

133

0

146

702

824

Cows & Calves

NA

NA

NA

NA

NA

NA

810

Click Here to see the most recent Roma cattle sale reports

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