Grown cattle prices generally experienced a dearer trend this week, rising on the back of reduced supplies, with numbers back in NSW and Queensland, according to Meat and Livestock Australia.
Nationally, MLA says grown steer offerings fell 12 per cent on the previous week, while cow yardings were back 26pc.
Processor demand for grown steers was reportedly stronger, with a noted improvement in quality at some markets.
Heavyweight grown steers and bullocks averaged 2¢ and 3¢ higher than last week at 172¢ and 176¢/kg (live), respectively.
Medium weight grown steers on the other hand, eased 1¢ to 167¢/kg.
MLA says cow prices tended to be mixed, as well-conditioned lines in the higher fat score bracket improved in price, while one and two scores eased slightly.
Medium weight D2 cows averaged 2¢ higher at 140¢, while heavyweight D3 and D4s gained 1¢ and 2¢ to make 143¢ and 149¢/kg, respectively.
The eastern states Japan ox indicator closed Thursday’s markets 1¢ higher than the previous week at 185¢, while the US cow indicator jumped 6¢ higher to 146¢/kg.
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