Glen Innes weaner steers top at 356c/kg

Feedlotters drive up steer price


Beef News
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It was all about the feedlots at the Glen Innes weaner sale on Friday with 80pc of steers headed to feed, and heifers being purchased for backgrounding.

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The second of the Glen Innes weaner sales saw a good result on Friday despite the ever-drying conditions and the imminent onset of winter.

A 2568-head yarding of predominantly black Angus weaners from the local area attracted a limited buying contingent with most of the cattle going north of the border.

The strong demand from feedlotters and Queensland restockers saw the best of the steers top at 356 cents per kilogram, while interest in weaner heifers dropped back, making to 262c/kg.

Steers up to 280kg ranged from 244c/kg to 356c/kg and averaged 279c/kg, while steers between 280kg and 330kg made from 220c/kg to 353c/kg, averaging 273c/kg.

Heavyweight steers sold between 270c/kg and 330c/kg to average 292c/kg.

Heifers up to 280kg ranged from 230c/kg to 262c/kg and averaged 248c/kg, while heifers between 280kg and 330kg made from 230c/kg to 260c/kg, averaging 244c/kg. Heavyweight heifers sold to 254c/kg.

Feature lines on the day included 117 black Angus steers from the Chappell family, “Bridgewater”, Dundee which sold to a top of 353c/kg, and 156 black Angus and Shorthorn-cross steers from Highlander Grazing, “Yolanda”, Ben Lomond which topped at 316c/kg.

Kanga Cattle Company, “Woodlands”, Ward’s Mistake also presented a good line with 137 black Angus steers selling for a top of 333c/kg and 24 heifers making 254c/kg.

Agent Barry Newberry said the market was on par with other selling centres.

“There was a limited number of buyers, but it was still a very solid sale overall,” he said.

“We had good lines of cattle from vendors that continue to top the sales every year.

“The market has softened since last week, but it’s to be expected with the conditions.

“Every week is probably going to get a bit tougher, but that’s they way it is with the dry conditions.” 

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