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Mustang Sally Farm

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Re: World Cattle News:
« Reply #255 on: February 13, 2013, 11:34:49 AM »

Meat Plants Raided over Supply of Horse Meat
13 February 2013


UK - As part of its ongoing investigation into the mislabelling of meat products, the UK Food Standards Agency and police raided two meat plants, one in West Yorkshire and the other in West Wales.

The plant in West Yorkshire is Peter Boddy Licensed Slaughterhouse, Todmorden, West Yorkshire, and the FSA believe it supplied horse carcasses to Farmbox Meats Ltd, Llandre, Aberystwyth.
 
The Agency and the police said they are looking into the circumstances through which meat products, purporting to be beef for kebabs and burgers, were sold when they were in fact horse.

The FSA has suspended operations at both these plants.

Both West Yorkshire and Dyfed-Powys police have entered the premises with the FSA.

The FSA has detained all meat found and seized paperwork, including customer lists from the two companies.
 
Andrew Rhodes, FSA Director of Operations, said: "I ordered an audit of all horse producing abattoirs in the UK after this issue first arose last month and I was shocked to uncover what appears to be a blatant misleading of consumers. I have suspended both plants immediately while our investigations continue."
 
Environment Secretary Owen Paterson (pictured) said: "This is absolutely shocking. It’s totally unacceptable if any business in the UK is defrauding the public by passing off horsemeat as beef. I expect the full force of the law to be brought down on anyone involved in this kind of activity."
 
Alun Davies, Welsh Government Minister for Agriculture, said: "Integrity and trust are essential in the food chain. I would be appalled if these allegations are proven. The Welsh Government is working closely with Defra and the FSA to ensure this matter is dealt with swiftly and decisively."
 
Both plants are reported to have denied any wrong doing.
 
Today, Wednesday, Mr Paterson was meeting with European ministers to discuss the situation which has hit the meat sector across Europe.

Mustang Sally Farm

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Re: World Cattle News:
« Reply #256 on: February 23, 2013, 12:10:00 PM »

South American Cattle Prices Higher
22 February 2013


 

SOUTH AMERICA - The strength of regional prices kept Mercosur steer prices firm last week, averaging 3.40 US$/kg cwt, report market analysts at Meat and Livestock Australia.

In Brazil, cattle prices have been stable, with short numbers to slaughter and the carnival holidays slightly increasing steer prices in all main markets. In SP state steer prices averaged 3.33 US$/kg cwt last week.
 
Typical for this time of the year in Argentina is a cattle shortage, which left meatpackers with little stock, consequently pushing steer prices higher last week, to average 3.66 US$/kg.
 
Firm demand in Uruguay assisted in buoying cattle prices, with steers averaging 3.81 US$/kg cwt. It is expected a growing number of cattle will be offered for slaughter in the following weeks, as some areas in Uruguay are becoming increasingly dry.
 
Interestingly, the sheepmeat market also remained firm last week, despite higher slaughter volumes, with lambs averaging 3.30 US$/kg cwt for light carcass’ last week.

Mustang Sally Farm

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Re: World Cattle News:
« Reply #257 on: February 23, 2013, 12:12:24 PM »

Horse Meat Scandal Has Global Repercussions
20 February 2013


ANALYSIS - Repercussions surrounding the contamination of beef products and ready meals with horse meat have spread across Europe and around the world, writes Chris Harris.

Food safety authorities in European countries are now vigorously testing further processed beef products for the presence of horse meat, following the discovery of the contamination in Findus and Nestlé meals.
 
And this week, Fernando Sampaio, (pictured), the executive director of the Brazilian beef export association, Abiec, warned that the fraud discovered in Europe could harm beef sales on foreign markets.
 
.He said that although the fraud in the sale of frozen horse meat might appear to be an internal problem for Europe, the consequences could be much broader.
 
Abiec is studying what the losses could be for the Brazilian product.
 
Mr Sampaio said the image of the beef has been immediately affected.
 
"A scandal like this, regardless of the type of meat, affects consumption in general. People get suspicious with meat consumption and low enough," he said.
 
"It affects the image of the sector and a reduction in consumption happens naturally."
 
He added that one of the motives for the fraud is the price of beef.
 
However, the crisis could also impact exports to countries such as Russia, where the veterinary authorties have voiced concerns over the handling of the issue.
 
Rosselkhoznador said it has applied to the Directorate General of the European Commission for Health and Consumer Protection with a request to provide it with the information concerning the investigation.
 
It has also expressed its concern about the existing problems in the control system of the regulated product movement in the EU and in the shipment of products for export.

Rosselkhoznadzor said that such cases do not favour the increase of the trust to the guarantees provided by the Veterinary Services in EU member countries.

"All these recent cases testify to a serious vulnerability of the European animal product safety system and to its inability to prevent the entrance of products of an unknown, dangerous or doubtful origin into food chain," Rosselkhoznador said.
 
In Europe, the European Commission has adopted a Recommendation for an EU coordinated plan on controls to investigate fraudulent practices and to enhance consumer.
 
In Europe, the European Commission has adopted a Recommendation for an EU coordinated plan on controls to investigate fraudulent practices and to enhance consumer.
 
The EU will grant financial support to Member States which carry out this plan at a rate of 75 per cent.
 
The controls are to start immediately, running for one month and may be extended for a further two months.

The plan includes two actions:
 1.Establishment of the presence of unlabelled horse meat in food: Over the last days, official controls in some Member States revealed fraud in the marketing of foods. Certain foods contained horse meat that was not declared in the list of ingredients and their description referred solely to the presence of beef. The plan, foresees controls, mainly at retail level, of foods destined for the final consumer and marketed as containing beef, to detect the presence of unlabelled horse meat (indicative total number of 2250 samples across the EU ranging from 10 to 150 per Member State). Under current EU rules, it is considered misleading and in breach of legislation to suggest the presence of beef meat where, in fact, other types of meat are also present. In the same way, labelling of food containing horse meat is not in line with EU food labelling legislation, if the presence of horse meat is not listed in the ingredients.
 2.Detection of possible residues of phenylbutazone in horse meat: the plan foresees the testing of 1 sample for every 50 tonnes of horse meat. A Member State will carry out a minimum of 5 tests. Phenylbutazone is a veterinary medicinal product whose use in food producing animals, including horses, is illegal. The plan provides for regular reporting of the results of the controls to the Commission, such as information on sampling, type of analysis and follow-up controls. For positive findings of residues in phenylbutazone in horse meat, information on the country where the animals concerned were certified for slaughter will also be included in the report. Member States have to submit their first report on 15 April 2013. If the testing proves positive however, Member States must report the findings immediately. All this information will be included in the Rapid Alert System for Food and Feed (RASFF) so that they can be immediately used by Member States' authorities.
 
The European Commission action has prompted food safety organisations in all European Union countries into action with a concerted programme of testing.
 
In Finland, the food safety authority Evira said: "All operators in the food chain are in their part responsible for ensuring that foodstuffs comply with required standards and are safe. Food packaging must bear statutory labelling with details of the composition of the food, as well as other information. If the food contains meat, the list of ingredients must specify the species of the meat.
 
"Evira is preparing to examine foodstuffs by taking spot checks in order to establish whether or not products contain horse meat labelled as beef.

"A sampling plan is currently being prepared, under which Evira will instruct municipal controlling authorities to take samples from foods in different parts of Finland."
 
In Sweden, the safety authority said the aim of the sampling is to quickly identify how widespread cheating by horse and pork are products on the Swedish market.
 
"The survey is for products featuring beef as an ingredient. - Consumers must be able to trust the label. We want to quickly get a picture of how widespread horse and pork cheating is on the Swedish market. Sampling is done in all the big chain stores and as many brands as possible," said Jan Sjögren, head of Livsmedelsverkett.
 
In Germany, Consumer Protection Minister Ilse Aigner said: "The authorities responsible for food inspection in the country and the federal government are acting together decisively. We will pull together to cover the cases as soon as possible to clarify the situation and to create transparency and improve consumer protection."
 
In France, following the suspension of health approval for the meat processor Spanghero Castelnaudary, the Minister of Agriculture, Food and Forestry, Stéphane Le Foll, has allowed the processor to resume some activities at the plant.
 
The move follows inspection of the processes in the plant and will allow production of minced meat and sausage products. However, part of the storage area has still been closed off.
 
The Government said that the conclusions of health checks, required under this regulation which provides that "food should be properly labeled to facilitate its traceability," are completely separate from investigations by the Directorate General for Competition, Consumption and Fraud Control (DGCCRF) of economic deception.
 
In Austria, two products had been found to be implicated in the mislabelling scandal including week beef tortelloni the Liechtenstein company Hilconas, which was sold under the brand Gusto and "Combino Penne Bolognese, both sold by Lidl.
 
Currently 80 products are being inspected in Austria and to date just one more has been found to contain horse meat.
 
"We demand the reliability of food throughout Europe," said Chancellor Werner Faymann.
 
"I hope the horse-meat discussion leads to awakening. Origins and ingredients of the food must be for the consumers clear what is on it, must be in there too."
 
Agriculture Minister Nikolaus Berlakovich repeated his call for a "passport for food " to give a "clear indication of origin".
 
In Italy, president of the agricultural union Confagricoltura , Mario Guidi said: "Horse meat is not bad, in fact it is good and is recommended in some diseases. It is rich in iron. But consumers have a right to know what they are consuming and if it meets their needs and desires.
 
"If you declare on the label that it is beef and instead of horse, it is a fraud on the market."
 
However, in Ireland there has been a back lash from some retailers casting doubt on the veracity of the testing.
 
This week the Food Safety Authority of Ireland hit back.
 
It said: "Attempts to cast doubt on the veracity and robustness of the DNA testing carried on its behalf by a number of laboratories is disingenuous, dishonest and untruthful. It states that some small segment of the retail sector is seeking to undermine the actual results in an attempt to distance themselves from the scientifically sound results which have implications for their product.
 
"The FSAI confirms that for its survey on equine DNA in beef products, it employed the services of two internationally recognised laboratories - Identigen in Dublin and Eurofins Laboratories in Germany. Following the detection of equine DNA in burgers by Identigen, for the sake of certainty, 20 sub-samples (10 positives and 10 negatives) from the initial 27 burger survey samples were taken from the Identigen laboratory and sent as blind samples to the Eurofins laboratory in Germany for additional independent testing. The tests by Eurofins confirmed both the positive and negative findings by Identigen."


Chris Harris, Editor-in-Chief

Mustang Sally Farm

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Re: World Cattle News:
« Reply #258 on: March 10, 2013, 07:00:49 PM »

CME: Dramatic Decline in Beef Cow Inventories
08 March 2013
 

US - Statistics Canada released its semi annual estimates of cattle and hog inventories which combined with the recently released numbers from USDA provide a more complete picture of overall cattle and hog supplies in North America (Mexican numbers are somewhat more opaque but are an important part of the picture given the significant number of Mexican feeders flowing into US feedlots), write Steve Meyer and Len Steiner.

Please note that Statistics Canada has cut the frequency of the hog inventory report from quarterly to semi-annually due to budget cuts. This makes it more challenging to properly match up US and Canadian data during certain parts of the year and reduces the supply flow visibility. Below are some of the highlights from these reports:
 •Despite the surge in grain prices in North America in the second half of 2012, combined US/Canada hog inventory levels at the end of 2012 was 79.068 million head, just 0.1 per cent lower than the previous year. The Canadian hog inventory as of 1 January 2013 was 12.720, down 0.5 per cent from the previous year.
 



•The combined US and Canadian hog breeding herd took a step back (see chart). The breeding stock through Q2 of 2012 had been steadily increasing following the dramatic liquidation after the 2008 feed price spike and the financial crisis. However, at the end of 2012 the breeding herd inventory in Canada was pegged at 1.208 million head, down 0.9 per cent from 2011 levels. The combined US and Canada hog breeding stock was 7.025 million head, slightly above year ago levels but down 0.7 per cent compared to where it was back in June 2012.
 

•Statistics Canada has stopped reporting estimates on the pig crop and farrowings. The lack of this data makes it difficult to come up with any sort of reliable estimate as to the supply of pigs coming to market in the coming quarters. It is a reminder of the impact that budget cuts can have on the quantity and quality of data, which sometimes is taken for granted.
 



•Cattle inventories in Canada as of 1 January 2013 were estimated at 12.275 million head , 0.5 per cent higher than the previous year. This is the second consecutive year that Canadian inventories have increased but the inventory level remains dramatically lower than its 2005 peak of almost 15 million head.
 

•As with hogs, the beef cow inventories have declined dramatically since the grain price spike and financial crisis. The combined US and Canadian beef cow inventory as of 1 January 2013 was 33.252 million head, down 2.6 per cent from the previous year. The combined inventory is now down almost 12 per cent compared to where it was in 2006. Canadian producers intended to rebuild their beef cow herd in 2012 as the number of heifers held back for beef cow herd replacement jumped 5.6 per cent. This follows a similar kind of increase in 2011. But despite two consecutive years of increases in heifer retention, the beef cow herd in Canada has continued to decline. High feed costs and drought in the US have cut short any expansion plans. The beef cow herd in Canada as of 1 January was 3.956 million head, down 1 per cent from a year ago and down 25 per cent from its peak in 2005.

Mustang Sally Farm

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Re: World Cattle News:
« Reply #259 on: March 24, 2013, 07:25:07 AM »

Japan Sets Eyes on Trans-Pacific Partnership Negotiations
22 March 2013


JAPAN - Trade talks this week have shown the emerging desire of the Japanese government to join in the Trans-Pacific Partnership (TPP).

The U.S. Business Coalition for TPP issued a statement Friday, saying Japan's participation would enhance the potential impact of the partnership.
 
Boasting the world’s third largest economy, Japan presents a considerable dairy market opportunity and has been in consultations with the US since early last year.
 
The goals of the TPP are fair and efficient trading systems for dairy products. Countries already in the TPP are Australia, Brunei Darussalam, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam and the US with Thailand also expressing interest in joining.
 
International Dairy Foods Association President, Clay Hough welcomed the announcement, saying: “The addition of Japan greatly expands the scope of the TPP, and that market is a significant opportunity for U.S. dairy exports.”
 
However, some feel that Japan will not be able to adopt necessary concessions such as loosening market access, changing its quota system and addressing non-tariff concerns.

Mustang Sally Farm

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Re: World Cattle News:
« Reply #260 on: March 29, 2013, 05:13:11 PM »

MLA: Weekly Cattle Summary
28 March 2013


 

AUSTRALIA - This report is a collection of weekly cattle price summaries from each Australian territory by Meat & Livestock Australia (MLA).

Western Australia
 
Rain and cooler temperatures
 
There was a general improvement in seasonal and feed conditions again this week, as a solid cold front and mid-level convergence brought solid rainfall to the southern districts of WA. Falls were predominately between 15mm to 30mm with regions in the south east around Esperance again recording the largest falls.
 
Following on from previous weeks solid rainfall and the current warm and mild temperatures, there has been solid germination in paddocks and strong grass growth levels.
 
Despite this, supplementary feeding levels remain high and a daily part of the farming day with calving activity in the south continuing to rise. Conditions in the north remain reasonable with further thunderstorm activity reported.
 
Temperatures have begun to lower and this will have a positive affect on mustering activity in the near future.
 
Tighter supplies encourage cow prices
 
The combination of the recent rainfall and the long weekend impacted on physical saleyard numbers. This was predominately due to the cancellation of the Mt Barker sale, but also there were lower supplies at both Muchea and the southwest.
 
The supplies of prime trade and heavy weight steers and heifers remained tight, weaner supplies were fair with cows accounting for a reasonable percentage of total volumes. Trade demand for the limited supplies of trade and heavy weight steers and heifer’s improved with reasonable price increases realised.
 
Demand for weaner steers and heifers remains buoyant from both the feeder and restocker sectors, with the latter perhaps reflecting the recent benefit from rainfall.
 
A tightening in overall cow numbers continues to encourage a more aggressive trade demand that saw further price increases in all categories this week. This increased demand, however was not reflected in heavy bull classes, which resulted in cheaper prices.
 
New South Wales
 
Cheaper prices and the shorter slaughter week reduce numbers
 
The shorter working week and lower prices reduced numbers by 53 per cent throughout NSW MLA NLRS markets. The early market of Wagga defied the trend and increased 7.5 per cent week-on-week. Forbes and Tamworth both eased back 16 per cent as Gunnedah slipped 32 per cent .
 
Consignments nearly halved at CTLX Carcoar as the Scone market lowered 72 per cent .The northern Casino market only penned 360 cattle compared to 1,700 head yarded the previous week. The Dubbo market was cancelled due to the holiday weekend.
 
Average quality continues to be mixed
 
Markets reported increased supplies of plainer cattle entering the competition with 71 per cent of vealer steers returned to the paddock or sold to feeder orders. Throughout the state 88 per cent of yearling steers and 70 per cent of yearling heifers also sold to restocker and feeder orders.
 
Only 483 head of prime conditioned heavy weight steers went to slaughter orders at reported markets, down 33 per cent week-on-week. Cow numbers halved and restockers were quiet in the competition with the majority selling to export processors. Most markets stated processor competition was weaker or even absent at some sales.
 
Competition continues to weaken
 
Although all weights and grades reduced in numbers, prices continue to slip throughout most categories. Vealer steers were less affected as the lighter weights selling to restockers remained on average firm, as the heifer portion lost 8¢ to 11¢/kg.
 
Yearling steers to feeder and restocker orders remained similar in prices as yearling heifers sold 5¢/kg cheaper to the feeders and remained firm to a shade dearer to the restockers. Prime conditioned pens to trade and butcher purchases lost 6¢/kg.
 
Heavy weight steers to slaughter lost 4¢/kg as the heifer portion slipped by similar amounts. Cow categories lost around 7¢ overall to average 110¢/kg. The best covered heavy weight cows to the processors ranged from 105¢ to 134¢, as restockers paid 136¢/kg to secure their selections.
 
Victoria
 
Reduced supply
 
Total yardings across the state have dropped 57 per cent on last week, mainly due to the approaching Easter break with Warrnambool, Bairnsdale and Colac sales not operating. Cattle supply at Ballarat increased by 38 per cent , while numbers at Shepparton decreased by a quarter.
 
Throughput at Leongatha was down substantially by 95 per cent as high numbers were yarded last week, while yardings at Wodonga slipped by 59 per cent . Consignments at Camperdown and Pakenham remained relatively unchanged week-on-week.
 
Plain to good quality
 
There was a reduced field of buyers in attendance across most markets, with competition subdued in some categories. There was varied demand at Ballarat with good quality young cattle offered, while Wodonga had competing restocker interest on plainer lines of secondary yearling steers and heifers.
 
There were predominantly plain to good condition dairy cows yarded at Leongatha, while young cattle at Pakenham sold to high prices due to high quality supply. There was generally poor to plainer quality of grown steers and cows at Camperdown, with mixed quality of young cattle.
 
Young cattle prices ease
 
Heavy C3 vealer steers were 9¢ higher on 208¢, while medium C2 vealer heifers to processors ranged from 130¢ to 205¢/kg. Heavy C3 yearling steers fell 7¢ to make 186¢, while heavy D3 yearling heifers to slaughter dropped 1¢ to average 162?/kg. Heavy C3 grown steers remained unchanged to hold firm at 179¢, while light D3 grown heifers declined 2¢ ranging from 119? to 160¢/kg.
 
Medium D1 manufacturing dairy steers were 8? lower on 118¢, while heavy D1 dairy cows reduced 5? to make 101¢/kg. Light C2 bulls to processors rose 10¢ ranging from 110¢ to 176¢/kg.
 
Queensland
 
Yardings decline
 
The supply of stock at physical markets covered by MLA’s NLRS varied across the state, and with the absence of the Longreach sale overall numbers reduced by 23 per cent .
 
Supply at Dalby was down by 53 per cent , however the continuing harsh conditions in the west of the state resulted in the largest yarding at the Roma store sale since NLRS started reporting. The dry conditions in the larger cattle producing areas of the state was reflected in the quality at some markets.
 
Nevertheless, a very large good quality single vendor line of medium weight yearling steers from central Queensland helped lift the standard at the Roma store sale. The approaching two short working weeks reduced the supply of heavy grown steers to export slaughter to around 100 head, and virtually no bullocks were penned. The supply of cows also declined by 47 per cent .
 
Young cattle prices vary
 
Most classes of young cattle lost ground in price, however a small selection of vealer steers and heifers, ideally suited to the local butcher trade, went against this trend to improve in price.
 
A handful of the very best vealer heifers at Warwick made to 217.2¢ to average 203¢, while the remainder struggled to average 160¢/kg. Lightweight yearling steers experienced a wide variation in price with well bred lines reaching 213.2¢ to average 185¢/kg.
 
A large number of D muscle lines averaged 156¢/kg. Medium weight feeders averaged in the mid-170¢ range and heavyweights managed to hold firm at 166¢/kg. Yearling heifers across most classes averaged in the 150¢/kg range with poorer quality lines at 138¢/kg.
 
The very small selection of heavy grown steers sold to firm demand with 3 scores at 157¢, and the better 4 scores averaging 165¢/kg. Medium weight 2 score cows averaged 113¢ and 3 scores close to 123¢/kg. Good heavy cows averaged 4¢ less with most in the early 130¢/kg range.

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Re: World Cattle News:
« Reply #261 on: April 06, 2013, 08:18:14 AM »

MLA: Weekly Cattle Summary
05 April 2013


 

AUSTRALIA - This report is a collection of weekly cattle price summaries from each Australian territory by Meat & Livestock Australia (MLA).

Queensland
 
Numbers decline
 
Cattle numbers were significantly lower after the previous two weeks of very large sales. The absence of the Monday markets due to the Easter break and some more rain across the east of the state also impacted on supply.
 
Quality continues to be mixed and once again stock from districts across western Queensland dominated the Roma store sale. Export slaughter classes of heavy grown steers at most markets across the state reduced to a few hundred head, and for two weeks in a row only a very small selection of bullocks were penned.
 
The supply of cows remained very similar to the previous week. Buyer attendance in the young cattle sections was generally good and in places extra restocked buyers were operating however the presence of export buyers was erratic.
 
Young cattle prices firm to slightly dearer
 
Young cattle at markets on Tuesday experienced a wide variation in price with light and medium weight yearling steers at the Roma store sale only meeting limited competition, while vealer heifers to local butchers at Warwick received strong support.
 
However by midweek prices turned around for a number of classes. Lightweight yearling steers returning to the paddock improved up to 14¢/kg and across all markets averaged 185¢/kg, while D muscle lines averaged 158¢/kg.
 
Medium weight yearling steers to feed generally met firm demand, and heavy feeders experienced a small improvement of 2¢/kg in places to average 164¢/kg. Lightweight yearling heifers to processors and restockers averaged 2¢ to 8¢/kg better to average 161¢ and 169¢ respectively, while D muscle lines struggled to average 140¢/kg.
 
The small selection of heavy grown steers to export slaughter averaged 169¢ with sales to 174.2¢/kg. The limited supply of bullocks averaged 166¢ and sold to 171.2¢/kg. Medium weight 2 score cows averaged 110¢ and made to 119.2¢/kg. Good heavy cows mostly sold around 134¢ with sales to 141.2¢/kg.
 
New South Wales
 
Shorter working week continues to affect supplies
 
Another shorter week after the Easter break caused the early Monday markets of Wagga, Forbes and Tamworth to be cancelled. The latter markets nearly made up the shortfall as percentage wise, numbers slipped 1 per cent week on week.
 
Consignments lifted 35 per cent at CTLX Carcoar as the northern Casino sale produced double the number as Scone remained similar, while Gunnedah lost 12 per cent week on week. Dubbo market sold 2,700 cattle with the previous market cancelled due to the holiday break.
 
Quality continues to be mixed
 
Vealer numbers lifted throughout the state with double the amount in the heifer category yarded. Markets reported a mixed quality offering as 75 per cent of yearling steers and around 50 per cent of yearling heifers returned to the paddock or sold to lot feeder orders.
 
Prime conditioned grown steers and bullocks continue to be scarce around MLA NLRS sales as only 250 were presented. Cow numbers eased 30 per cent compared to the previous week with the cancelled Monday markets contributing. Restocker competition was limited at most markets as large percentages went to processor orders.
 
Prices sold to a mixed trend
 
The majority of markets reported younger cattle selling cheaper for the steer portion as the heifers improved in value. Steer vealers to restockers slipped 8¢ to average 183¢ as the heifer portion to the trade gained 12¢ averaging 167¢/kg.
 
Prime conditioned younger cattle to butcher and trade orders sold at a premium throughout the state. Yearling steers to feeder and restocker orders lost 6¢ as yearling heifers to the same orders remained 2¢/kg either side of firm. Heavy weight steers to slaughter lost 4¢/kg however some markets reported a dearer trend.
 
The older heifers sold at similar values week on week. Cows mainly sold to stronger competition to improve 4¢ to 6¢/kg and more in places. The plainer 2 scores averaged 105¢ as the better covered heavy weights topped at 140¢ for an overall average around the 115¢/kg range.
 
South Australia
 
Smaller Yardings
 
With only the South East holding markets this week there have been smaller numbers yarded at Naracoorte and Mt. Gambier, with Millicent’s numbers similar after the two latter markets have had a two weeks break.
 
Naracoorte’s slightly smaller mixed quality yarding led to limited trade competition for the young cattle that allowed stronger feeder and restocker activity at generally dearer levels, while trade prices fluctuated.
 
There was strong demand for the smaller yarding of cows at slightly dearer levels. Only a small number of C-muscled vealer steers were sourced by the trade, while feeder and restocker orders purchased the majority at dearer levels.
 
The B muscled supplementary fed yearling steers sold up to 201¢, with a single heifer at 200¢/kg. Most beef cows were unchanged to 4¢ dearer, with a small numbered pen of prime pastoral breds at 126¢/kg.
 
Mt. Gambier’s smaller yarding sold quite erratically for the young cattle, while the grown steer, C3 grown heifers and good quality cows attracted strong competition. However, plain quality dairy cows were cheaper as they attracted little interest.
 
There was strong demand for A and B-muscled vealers, with any well finished yearlings also selling at improved prices. Grown steers and bullocks sold up to 192¢, with most good quality cows selling over 120¢/kg.
 
Millicent’s larger yarding attracted erratic competition from a small number of regular SA and Victorian buyers.
 
Fluctuating Prices
 
Due to the varying quality there have been fluctuating prices paid this week. The B muscled vealer steers to the trade sold from 192¢ to 231¢, or 7¢/kg dearer. However, the C3 steers were 15¢ cheaper selling between 182¢ and 198¢/kg.
 
Feeders and restockers sourced most C2 steers from 156¢ to 188¢, or 9¢ to 16¢/kg more. Vealer heifers to the trade sold from 206¢ and 210¢ for the B muscled with an A muscled single at 219¢ at dearer levels. The C2 and C3 heifers to the trade attracted prices from 134¢ to 211¢, or 3¢ to 20¢/kg less.
 
Yearling steer B muscled sales were unchanged selling from 180¢ to 205¢, with the C3 heavyweights 10¢ cheaper selling between 170¢ and 185¢/kg. Yearling heifer C3 medium and heavyweights sold from 160¢ to 188¢, with the medium weights 15¢ dearer and the heavyweights unchanged.
 
Grown steers and bullocks tended to sell between 160¢ and 192¢, with C3 sales averaging 15¢ dearer and mainly 295¢ to 340¢/kg cwt. The 3 to 5 score beef cows sold from 105¢ to 135¢ to be 2c to 5¢ dearer, and mainly 220¢ to 255¢/kg cwt. However, D1 and D2 dairy cows were 10¢ cheaper selling from 76¢ to 102¢/kg.
 
Western Australia
 
Good pasture growth in the south
 
Seasonal conditions in the majority of areas in the south of WA have continued to improve following on from the very solid rainfall levels recorded throughout the past month.
 
Germination levels have been high in all areas and pasture growth has been very solid, given the high soil moisture levels and the current warm conditions. It is hoped that further rainfall will bring further longevity to these pastures.
 
Conditions in the north of the state remain reasonable with further thunderstorm activity reported in the Kimberley and Pilbara districts, while reports have indicated that mustering has begun in the north.
 
Numbers lower
 
Saleyard numbers fell this week due to a considerably lower total at Muchea and the usual cancellation of the southwest sales following a Monday public holiday, while Mt Barker supplies in the Great Southern were solid after its lay off the previous week.
 
The supplies of finished cattle of all grades continued to tighten with processors now focusing their attention to the north for their supplies of finished cattle. The supplies of all slaughter classes were greatly reduced in physical market this week with even yearling store grades having only moderate supply levels.
 
The limited supplies of both grass and grain assisted yearlings recorded a sharp rise in trade, retailer and feeder demand that created solid rises in values.
 
The prices of heavy weight export grades of steers and heifers also benefitted from this improved trade competition, while the tight supplies of heavy weight cows continued to pressurise the trade with these values again dearer to a high of 160¢/kg lwt.
 
There was also an improvement in both feeder and restocker demand throughout store classes, which created higher price levels throughout the classes with all recording dearer averages.
 
Victoria
 
Supply increases across the state
 
Total yardings through Victoria increased 29 per cent week-on-week with Bairnsdale, Colac and Warrnambool sales returning after the Easter break. Numbers at Camperdown reduced slightly by 16 per cent , while cattle supply at Leongatha returned to normal levels with 2,000 head penned. Consignments at Pakenham reduced significantly due to only young cattle on offer, while throughput at Shepparton decreased 11 per cent from last week. Numbers at Wodonga lifted 11 per cent overall, while Ballarat sale wasn’t operating.
 
Good quality grown cattle
 
The usual panel of buyers across most markets were in attendance however restocker and feeder interest was limited. Better quality young cattle at Camperdown sold unchanged to dearer, while at Pakenham there was a greater proportion of plain light weight cows on offer. Competition was strong for beef cows at Shepparton due to the limited supply of quality lines, while Leongatha provided some good quality grown steers and bullocks selling to stronger.
 
Markets consisted predominately of plain conditioned young cattle especially in Warrnambool and Wodonga, although quality was mixed for all weights and grades of grown cattle. Both Bairnsdale and Colac saw excellent quality for grown steers and bullocks selling to strong demand.
 
Cattle prices mixed across all categories
 
Heavyweight C3 vealer steers to processors sold 17? lower on 191?, while heavy C3 vealer heifers to slaughter declined 18? to average 185?/kg. Heavy C3 yearling steers to processors lifted 4? on 190?, while heavy C3 yearling heifers to slaughter increased 7? ranging from 132? to 190?/kg. Heavy C3 grown steers to processors rose 5¢ to make 185?, while lightweight D3 grown heifers to slaughter increased 6? ranging from 127? to 168?/kg. Heavy D3 manufacturing steers improved 11? on 163?, while heavy D3 cows to slaughter were 6? higher on 128?/kg.

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Re: World Cattle News:
« Reply #262 on: April 12, 2013, 05:40:45 PM »

Worries Build As Feedyards Reach Capacity
12 April 2013


AUSTRALIA - Pressure is mounting in feed yards as drought leads to increasing placements.

Some feedlots are already full with reports from the Australian Lot Feeders Assocation (ALFA) saying cattle, intended for live export, are being put on feed to gain weight in Australia, according to reports from ABC Rural.
 
ALFA president Don Mackay told ABC Rural that this is typical of many of the country's pastoral areas.
 
"We're starting to see cattle come forward that would be considered to be in the lighter store condition and they're the most vulnerable animals as well.
 
"Those feed yards that are custom feeding or feeding for a range of markets, and particularly generic short-fed product, they are the ones that see that influx of cattle that arrive," said Mr Mackay.
 
Dry conditions are hampering agrifood giant Cargill which has reported a 42 per cent drop in net earnings on the same period a year ago.
 
North American drought impacts are also affecting earnings.

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Re: World Cattle News:
« Reply #263 on: April 12, 2013, 05:41:30 PM »

CME: Cash Cattle at $128 Gives Buoyancy, Thursday
12 April 2013
 

US - Live cattle futures enjoyed slight gains for most of the day and futures ultimately settled 17 1/2 to 65 cents higher.

This was good for a mid-range close. Cattle futures saw corrective short-covering today amid ideas of Wednesday's sharp losses were overdone, write market experts at ProFarmer.
 
Cash cattle trade got off to a disappointing start at $127 yesterday in Texas and Kansas and so far just light sales have taken place in northern locations at $127.50 to $128 on Thursday.
 
June cattle closed 65 higher on the session as news of $128.00 cash trade in Nebraska and Colorado helped to support the trade psychology. The market saw steady to higher trade early and experienced moderate gains into the mid-session to recover part of yesterday's significant losses, write experts at CME.
 
Beef prices were lower late Wednesay but volume of trade increased and traders see the need for an increased flow through the pipeline in the next few weeks if consumer demand takes a seasonal pop when the weather turns more favourable for grilling.
 
In addition, buyers were a bit more active with talk of the oversold condition and talk of the discount of futures to the cash. There were no deliveries for the third day of the delivery period and traders saw $128.00 trade in the cash market in Colorado as somewhat supportive.
 
There was talk that Texas cash was bid up to $127.50 late on Wednesday. Weekly U.S. beef export sales for the week ending April 4th came in at 10,200 metric tonnes, compared with the prior 4-week average of 18,650.
 
Cumulative sales for 2013 have reached 289,800 metric tonnes, down -5.5 per cent from last year's pace.
 
Boxed-beef cut-out values at mid-session were down 67 cents to $190.28 as compared with $190.28 last week at this time.
 
Slaughter came in a little higher than expected at 123,000 head which can sometimes mean improving demand from the packer.

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Re: World Cattle News:
« Reply #264 on: April 21, 2013, 02:45:47 PM »

MLA: Weekly Cattle Summary
19 April 2013


 

AUSTRALIA - This report is a collection of weekly cattle price summaries from each Australian territory by Meat & Livestock Australia (MLA).

Queensland
 
Supply decreases, more buyers on hand
 
Overall supply at physical markets covered by MLA’s NLRS fell by 16 per cent week-on-week. Numbers at Longreach and the Roma prime sale were less than half the previous weeks level, however Dalby went against this trend with an increase of 16 per cent .
 
Mixed quality lines of young cattle continue to dominate the selling pens with some large consignments from North-West parts of Queensland. Buyer representation in the young cattle sections was generally good and included a large panel of restocker buyers. Export processor attendance was erratic with some absent from the buying panel at markets early in the week, nevertheless, by mid week sales all operators were present and active.
 
Despite the large buying group prices continued to fall for most slaughter and feeder descriptions, however young lightweight yearling steers generally continued to receive strong support from restockers.
 
Mostly a cheaper trend
 
A good run of vealer steers returned to the paddock at 198c with one large consignment reaching 207¢/kg. Two buyers battled to purchase one outstanding vealer steer with show ring potential to pay 580¢/kg to return $1527/head.
 
Lightweight yearling steers returning to the paddock mostly sold around 184c with sales to 200c/kg.
 
Vealer heifers to processors sold to a cheaper trend to average 9¢ less at 156¢, while a selected few to local butchers improved in price to average 196¢ with sales to 213¢/kg.
 
Medium weight C2 yearling steers to feed lost 10¢ to average 165¢, while heavyweights generally sold in the late 150¢ to early 160¢/kg range. The better end of the lightweight yearling heifers averaged around 150¢, while medium weight D muscle lines averaged 130¢/kg.
 
Heavy grown steers to export slaughter lost 4¢ to average 161¢ with some to the wholesale meat trade at 178¢/kg. A fair sample of bullocks averaged 4¢ less at 161¢ with a few pens to 167¢/kg. Medium weight 2 score cows averaged 3¢ cheaper at 98¢ and 3 scores lost 6¢ to average 116¢/kg. Good heavy cows also fell in prices by 8¢ to average 125¢, with the occasional sale to 147.2¢/kg.
 
Victoria
 
Numbers retreat
 
Total cattle throughput across the state declined as much as 4 per cent with the majority of NLRS reported saleyards recording fewer numbers. Bairnsdale, Colac and Camperdown yarded similar numbers week-on-week, while Shepparton and Warrnambool were back 20 per cent and 15 per cent respectively.
 
Pakenham and Wodonga were the only selling centres to report an increase in throughput, up 35 per cent and 10 per cent , with the rise due to an influx of secondary lines. Leongatha yarded 4 per cent fewer cattle with secondary lines still in large numbers across the young cattle categories.
 
Plain cattle dominate
 
Across the state, quality cattle are becoming harder to source due to the prolonged dry conditions experienced through most regions. The usual buyers were present and operating at most markets, although at reduced levels.
 
The lack of available feed has seen restockers and feeder buyers hesitant across all markets despite most young cattle being suitable for their operations. Plain secondary lines continue to flow through all markets with most being discounted.
 
There are several well finished lines scattered through Pakenham, Warrnambool and Wodonga, although processors have also taken a wait and see approach to purchasing with ample numbers reportable heading direct-to-works.
 
Prices slip across all categories
 
Medium yearling steers to feed sold 5¢ dearer on average making 165¢, while heavy weight C3’s to slaughter topped at 223¢ to average around 199¢/kg. The majority of the heifer portion were heavy weights with heavy B muscled lines topping at 212¢, however most C2 lines averaged close to 169¢, back 9¢/kg.
 
Medium yearling steers to feed averaged close to last weeks levels, making 161¢, while heavy weight sold 11¢ cheaper averaging 162¢/kg. The C3 heavy yearling steers to slaughter averaged 174¢/kg.
 
Yearling heifers to feed and slaughter sold 3¢ and 4¢ cheaper on last week, while the better quality 500kg to 600kg grown steers averaged 172¢, back 9¢ week-on-week. Medium weight dairy cows were up to 20¢ cheaper across most grades, while heavy weight beef cows sold from 90¢ to 139¢/kg.
 
Western Australia
 
Promising seasonal conditions
 
Conditions in the far north of WA remain fair with temperatures moderating and mustering having now started. Eastern parts of the Pilbara and Gascoyne remain tight, while conditions in the southern districts again enjoyed light rainfall.
 
This rainfall, although light, was widespread and has added longevity to what has thus far been the best start to a growing season seen in southern WA for many years, with forecasts predicting further light falls into next week. Pasture growth continues to be aided by moisture levels and more moderate temperatures, but supplementary feeding remains in many regions. Calving activity in the south continues to increase.
 
Store cattle continue to dominate southern yardings
 
Next week sees the closure of the states largest export works for maintenance, however this will reopen the following week with physical markets also interrupted by the Thursday public holiday. Physical market numbers this week remained similar, despite the southwest and Great Southern sales having lower numbers, this was offset by Muchea’s increased numbers. The increase in Muchea’s numbers was due to larger supplies from pastoral regions.
 
Heavy and trade weight prime local cattle numbers remained limited. Young store classes were reasonable and accounted for the largest numbers in the two regional sales with cow numbers moderate. The small supplies of finished grass or grain assisted yearlings in physical markets realised similar local trade and retailer demand.
 
The store market enjoyed a generally stronger demand and competition from both the restocker and feeder sectors with prices at dearer levels. The limited supplies of heavy weight steers and mature heifers were of mixed quality this week, with limited change in demand. The cow market recorded solid falls at all three markets throughout the classes, which, given the time of year, was not unexpected with the onset of pastoral grades with heavy weight bull prices also recorded at lower levels.
 
New South Wales
 
Consignments remain similar
 
On average throughout MLA NLRS markets numbers presented remained similar week-on-week. Wagga increased 10 per cent as Forbes reduced numbers by a similar percentage. Gunnedah lifted as much as 32 per cent as producers become concerned about the dryer conditions and approaching colder weather. CTLX slipped 14 per cent as Dubbo remained consistent with 3,380 penned.
 
The northern markets mostly yarded reduced consignments, however Casino defied the trend and lifted 30 per cent week-on-week. Weaner sales throughout the state this week are Cooma, CTLX Carcoar, Goulburn, Inverell and Glenn Innes.
 
Quality continues to be mixed
 
The majority of markets reported mixed quality yardings with large percentages of western cattle entering the competition at most central west sales. Vealer supply lifted as 25 per cent extra steers and heifers were sold, with again good numbers selling to restocker orders.
 
Yearlings were well supplied with only 11 per cent of the 3,929 steers penned selling to the trade and processor purchases. Around 76 per cent of yearling heifers sold to restocker and lot feeder orders. Prime conditioned grown steers and bullocks remained similar in number.
 
Cow numbers also remained similar with another 3,798 presented for sale this week as the bulk offered fell into the medium and heavy weight categories. Small percentages again sold to restocker orders.
 
Prices again eased
 
Younger cattle to restocker and lot feeder orders slipped another 7¢ to 8¢ as medium weight vealer steers averaged 171¢/kg. The same weight heifer portion to processors lost 7¢/kg. Heavy weight vealers to the butchers sold to strong competition as well muscled pens reached 223¢/kg.
 
Yearling steers slipped 3¢ to 10¢ to restocker and lot feeder orders as butchers and processors adjusted their prices lower by 5¢/kg. Yearling heifers to feeders and restockers lost 4¢ to 7¢ as heavy weights to butchers eased 8¢ to average 153¢/kg. Prime heavy weight steers to slaughter lost anywhere from 3¢ to 12¢ before the best reached 184¢, however most sold around the 155¢ to 163¢/kg range.
 
The older heifers also struggled in the competition to sell cheaper. Cows suffered another correction to slip 7¢ to 13¢/kg. The plainer middle weighted 2 scores averaged 88¢ as the better covered medium and heavy weights ranged from 70¢ to 131¢/kg. An exceptional B muscled cow topped at 159¢/kg.
 
South Australia
 
Supply lifts
 
Another week of virtually no rainfall has led to many cattle producers being forced to sell unfinished stock, with some attracting limited competition. The SA LE’s larger improved quality yarding sold to a mainly easing trend to the usual trade and export buyers.
 
This was despite some excellent quality consignments of heavyweight supplementary fed yearlings being yarded. Feeder orders were also active on suitable yearling steers and heifers. A larger yarding of medium and heavy beef cows were unchanged to 3¢/kg cheaper.
 
Naracoorte’s numbers increased in mixed quality runs featuring local and increased numbers of pastoral bred cattle with the cows showing signs of poor seasonal conditions. The usual trade and export buyers were very selective with a run of excellent quality supplementary feds from Loxton attracting the strongest demand. Feeder purchases were generally dearer before losing ground when some well-bred pastoral bred vealers were sold.
 
Mt. Gambier’s smaller mixed quality yarding sold to a generally weaker trend, with only isolated young cattle sales, together with a small yarding of grown steers and bullocks being dearer.
 
Millicent’s similar numbered fortnightly sale also sold to lower competition from most of the usual buyers, and has prompted agents to hold the next sale in three weeks.
 
Prices continue to retreat
 
It has been another week of generally retreating prices, with only isolated sales dearer where quality suited the usual trade and export buyers.
 
The B-muscled vealer steers in limited numbers sold from 172¢ to 202¢ with a single at 220¢, or 10¢/kg dearer. Feeder and restocker orders sourced most light and medium weights steers from 105¢ to 171¢ at prices mainly 3¢ to 13¢ cheaper, with some sales averaging 12¢/kg more. Vealer heifer C2 and C3 sales ranged from 110¢ to 205¢, with C3 medium weights 4¢ dearer, while being 24¢/kg cheaper for the lightweights.
 
B-muscled yearling steers ranged from 180¢ to 200¢ with the C3 medium weights 159¢ to 195¢/kg. Feeder purchases of C1 and C2 steers were from 130¢ to 182¢ at prices unchanged to 5¢/kg dearer. Yearling heifer C3 medium and heavyweights sold between 135¢ and 202¢, or 4¢ to 9¢/kg less.
 
Grown steers sold from 140¢ to 190¢ at prices unchanged to 8¢/kg cheaper. The 2 to 5 score beef cows sold from 60¢ to 127¢, or 3¢ to 20¢/kg cheaper.

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Re: World Cattle News:
« Reply #265 on: April 26, 2013, 03:59:20 PM »

CME: Canadian Packing Plant Closure Limiting US Slaughter
26 April 2013
 

US/CANADA - Slaughter rates are falling back in the US which may be due to closure of the Levinoff-Colbex packing plant in Canada which processed 2-2500 cows a week, write Steve Meyer and Len Steiner.

Coming into this year, the expectation was for US cow slaughter to trend lower, with some forecasts calling for a double digit decline in US cow slaughter rates. After all, record high cattle prices, a shrinking cow herd and lower calf numbers and improving cow-calf profitability were expected to provide an incentive to limit the number of female bovines coming to market and possibly encourage some heifer retention.
 
With the first four months almost behind us, things have not shaped up exactly as expected. US  cow slaughter actually declined sharply from the seasonal high in early January. March and April cow and bull slaughter, however, has been notably higher than a year ago.
 
USDA reports the weekly official cow and bull slaughter with a two week lag so the latest available data is for the week ending April 6. However, we can get an estimate of the more recent trend
in slaughter from the daily USDA slaughter estimates.
 
The first chart to the right shows a moving seven day total of daily bull and cow slaughter. For the seven days ending April 24, US cow and bull slaughter was estimated at 140,000 head, 13.8 per cent higher than the previous year and also above 2011 levels. Bull and cow slaughter has been above year ago levels since at least mid March, resulting in a notable increase in the supply of nonfed beef in the marketplace.
 
Looking at the regional breakdown in weekly cow slaughter, we can see a notable increase in slaughter in some regions although the regional slaughter data has become increasingly difficult to work with. Because of confidentiality constrains, USDA has discontinued reporting in a number of regions.
 
Beginning in January 2013, USDA no longer provides weekly slaughter data for region 5, which includes IL, IN, MI, MN, OH and WI. This was an important region as it accounted for about a quarter of all US beef and cow slaughter in 2012.
 
USDA also does not provide any information from region 7 and region 8. At this point, the regional cow slaughter data only covers about 59 per cent of the US cow slaughter.
 
Dairy cow slaughter was one of the drivers for the increase in cow slaughter numbers in late 2012 and in 2013, as high feed costs and negative margins forced dairy producers to liquidate their
herds. More recently, however, it appears that the increase in cow slaughter rates has been drives by more beef cows coming to market.
 
Cold and wet weather in a number of key production areas certainly have negatively impacted cow-calf producers. Also, the sharp decline in forward feeder prices has changed the profitability estimates on future calf production.
 


 
 
Beef cow slaughter in region 6 (TX, OK, NM, LA, AR) averaged 20 per cent below year ago levels through early March but in the last three reported weeks it has jumped some 20 per cent over 2012 levels.
 
The pace of slaughter cow imports from Canada is another important factor to consider when looking at US weekly cow slaughter rates. As a special report by the Livestock Marketing Information Center points out, the closing of the Levinoff-Colbex cull cow packing plant in Canada, which processed some 2000- 2500 culls cows a week, has meant that more of those cows are now coming to the US.
 
Note the sharp rise in imports of Canadian cull cow imports since September of last year. Year to date, imports of Canadian cull cows are up 114 per cent or 44,397 head compared to the previous year.
 
Since the beginning of the year, US cow slaughter is up 0.2 per cent from a year ago but when adjusting for the imports of Canadian cows, US cow slaughter is down 2.4 per cent.

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Re: World Cattle News:
« Reply #266 on: May 04, 2013, 07:03:27 PM »

Weekly Australian Cattle Summary
03 May 2013


 

AUSTRALIA - This report is a collection of weekly cattle price summaries from each Australian territory by the Meat & Livestock Australia (MLA).

South Australia
 
Some welcome rainfall
 
While there has been some welcome rainfall last week in many areas, it was generally negated by very strong winds on Saturday. A good germination is now starting to turn the country-side green with more rain needed to capitalise on this. Despite the prospect of more pasture growth if it keeps raining, there are still many 1 and 2 score cattle being yarded.
 
The SA LE’s numbers increased in very mixed quality runs containing mainly young cattle that sold to erratic demand from the usual trade and export buyers. There were more pastoral bred cattle penned, albeit with only a few manufacturing steers in 3 score condition.
 
However, the yearling steers and heifers were plainer in quality and struggled to extract any bids. Feeder orders were active at generally dearer levels for well-bred yearlings. Cow prices tended to retreat.
 
Naracoorte’s slightly larger mixed quality yarding sold to very selective SA and Victorian trade and export competition. There were only a few sales dearer for supplementary fed yearlings, and some very good quality medium and heavy grown steers. Small numbers of vealers were yarded and failed to attract much interest from the trade, feeders and restockers. The cows sold to fluctuating demand from processors and restockers.
 
Mt. Gambier’s smaller mixed quality yarding sold to selective demand from the usual SA and Victorian buyers. Restocker and feeder orders sourced a mixture of young cattle, grown steers, plain quality Friesian steers together with 1 and 2 score beef and dairy cows.
 
Fluctuating prices
 
The varying quality yarded this week has only led to fluctuating prices from limited processor competition.
 
Limited numbers of vealer steers were yarded and sold to the trade from 150¢ to 214¢ at prices unchanged to 11¢/kg cheaper. Feeders and restockers sourced C1 and C2 steers from 115¢ to 170¢, or 5¢ to 10¢/kg less. Vealer heifers sold erratically to the trade from 110¢ to 200¢, with some sales 6¢ to 22¢ dearer with C2 sales faring best.
 
Yearling steers sold between 150¢ and 213¢, which led to C2 and C3 sales unchanged to 8¢ dearer, with the B-muscled supplementary feds unchanged. Yearling heifer C-muscled medium and heavyweights attracted prices from 110¢ to 200¢, at prices averaging 12¢/kg more.
 
Grown steers and bullocks in smaller C2 and C3 runs sold from 140¢ to 185¢ to be unchanged to 10¢/kg dearer. The 2 to 5 score beef cows sold from 50¢ to 119¢ to be unchanged to 5¢/kg cheaper. Restockers sourced increased numbers of 1 and 2 score beef and dairy cows from 50¢ to 110¢/kg at slightly dearer levels.
 
Western Australia
 
Pastoral cattle flowing to the south on the rise
 
The far north of WA continues to see thunderstorm activity persist with warm temperatures remaining this week. The Pilbara and Gascoyne regions continue to see mixed seasonal conditions, while mustering activity in pastoral regions continues to increase.
 
This will see flows of pastoral cattle to the south increase in the short term. The southern regions saw a front bring wide spread rainfall late in the week, which has saved germinations in many areas that were beginning to struggle with the dry and warm conditions.
 
Falls were heaviest in western and coastal regions with the highest falls seen in the traditional cattle rearing areas of the southwest, while eastern areas recorded only minimal falls.
 
Supply tight
 
This week saw Muchea record lower numbers at its market, while the southwest sale remained limited in total, as would be expected at this time of year. The Great Southern sale rose sharply after last weeks lay off and was by far the largest of the three weekly sales.
 
The numbers of trade weight yearlings seen this week in physical markets remained tight, while the supplies of heavy weight steers and heifers sourced from pastoral regions remained similar and generally tight. Young store grades however, continued to dominate saleyards with solid supplies seen in the south, while cow volumes remained fair.
 
Demand improves
 
Prime trade weight yearling prices were equal to the previous week to both the local trade and retailer sectors. There was a general drop in weight in store classes with fewer heavier drafts available. Feeder and restocker demand improved throughout the classes with prices predominately 5¢/kg lwt dearer.
 
Heavy weight steers, bullocks and heifers all enjoyed dearer prices under increased processor competition. This was also the case in all classes of cows with an improved trade demand underpinning the rise. Also following this trend were heavy weight bull categories, while live export demand remained unchanged in lightweight bull classes.
 
New South Wales
 
Dry conditions produce larger yardings
 
With the working week returning to normal after the ANZAC holiday, consignments doubled at MLA NLRS markets this week. The continuing dry conditions lifted consignments at all markets with the exception of Tamworth, which remained consistent compared to the previous market.
 
The larger market of Dubbo resumed selling after the previous cancelled market to draw for a large offering of 5,150 cattle. Weaner sales held throughout the state this week are Inverell and Glen Innes.
 
Quality continues to be mixed
 
The majority of markets reported mixed quality offerings. Vealer supply throughout the state more than doubled as 1,931 younger steers went to restocker and feeder orders, compared to only 800 selling to the trade. The heifer portion predominately sold to butcher and trade orders.
 
Yearling steers also more than doubled as 80 per cent sold to the restocker and feeders, as 60 per cent of yearling heifers went to the same orders. Around 750 prime conditioned heavy weight grown steers and bullocks were offered at markets, an increase of 300 head week-on-week. Cow numbers tripled compared to the previous week with most weights and grades penned, restockers were active on selected lines.
 
Prices sell to a varying trend
 
Younger cattle again sold to a cheaper trend as medium weight vealer steers returning to the paddock lost 1¢/kg, with greater falls recorded for the heavier weights. The lighter heifer portion to the trade lost 5¢/kg as the prime conditioned vealers to the trade and butchers sold at a premium. Yearling steers and heifers to restockers and feed trended cheaper, as the heavy weights suitable for the trade and butcher orders improved 2¢ to 5¢/kg in price.
 
Prime conditioned heavy weight steers to slaughter sold dearer as southern orders entered the competition at most markets. Prices in places topped at 187¢ for younger pens, with the majority selling in the 165¢ to 175¢/kg range depending on finish. Cows sold to increased competition with southern orders securing numbers.
 
Prices on average improved 4¢ to 6¢ as the plainer 2 scores averaged 87¢/kg. The better finished 3 and 4 scores ranged from 78¢ to129¢ as cows overall averaged 94.8¢/kg. Heavy weight bulls to processors trended dearer as the best reached 168¢/kg.
 
Queensland
 
Dry conditions prevail
 
Despite the fall in market prices supply at physical markets covered by MLAs NLRS lifted by close to 27 per cent this week. Numbers at the Roma store sale have been above 10,000 head for two consecutive weeks as 13 shires across the state have been drought declared.
 
Large numbers of poor condition lightweight cattle continue to dominate markets in the north and west of the state, and as winter draws closer large numbers of calves and vealers in the south of the state are being weaned straight into the saleyards.
 
Buyer attendance in the young cattle sections was generally good, while export buyer activity continues to be erratic. Young cattle experienced a wide variation in price as restockers become very selective in their purchases with only top end quality lines receiving strong support.
 
Prices continue to lower
 
The better end of the calves and vealer steers returning to the paddock managed to reach 200¢ to average in the 180¢ range, while poor quality lines mostly sold around 160¢/kg. The large supply of vealer heifers saw average prices around 10¢ to 15¢ cheaper.
 
The largest numbers averaged 144¢ with only very selective sales to 196¢/kg. Lightweight yearling steers to restockers were well supplied with a large sample averaging 172¢ and an equally large selection of D muscle lines averaged 150¢/kg. Medium weight yearling steers to feed lost a further 10¢ to average just under 160¢, while prices for a relatively small selection of heavy feeders turned around to average 4¢ better at 156¢/kg.
 
The standard of the yearling heifers has dropped dramatically with large numbers of D and E muscle classes included in the line-up. A few better lines managed to average 155¢ while the largest numbers were in the 120¢ to 130¢/kg range.
 
A small selection of bullocks averaged 153¢ and sold to 159¢/kg. Cow prices experienced mixed results with some of the plainer cows continuing to be cheaper, while prices for good heavy cows tended to turnaround, to improve by 2¢/kg. Medium weight 2 scores averaged 85¢, while good heavy cows averaged 118¢ with isolated sales to 130.2¢/kg.

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Re: World Cattle News:
« Reply #269 on: May 11, 2013, 04:35:46 PM »

CME: Live and Feeder Contract Post Gains, Thursday
10 May 2013
 

US - Live and feeder contracts closed with decent gains, supported by short covering, oversold charts, and improving packer margins.

Moderate cattle trade volume surfaced in Kansas before noon with most live sales at $126, $2 lower than last week. Though packer interest was evident in parts of the North, buyers and sellers just couldn't get together, writes futures analyst, John Harrington.

June cattle managed to close 35 higher on the session and well up from the early lows. December cattle closed higher on the day after first posting a contract low and the reversal may be seen as a positive technical development, say market experts at CME.

June pushed under 120.00 into the pit opening this morning but was trading slightly higher on the day into the mid-session and closed at 120.55.

Talk of the oversold condition of the market after the sharp break of the past week helped to spark some bargain hunting on the early break. Weekly U.S. beef export sales for the week ending May 2nd came in at just 6,900 metric tonnes, compared with the prior 4-week average of 14,300.

Cumulative sales for 2013 have reached 343,700 metric tonnes, down -9.7 per cent from last year's pace. The huge discount of futures to the cash market has discouraged new sellers; especially with beef prices soaring to new all-time highs late on Wednesday

Cash is bid at $125.00 in Texas and there does not appear to be any offers at present. Cash was $128.00-$129.00 last week and some traded at $126.00 on Wednesay.

Ideas that a colder and wetter trend for this weekend might limit consumer demand for beef helped to pressure the market but the forecast for next week and beyond shows more seasonal temperatures and a possible jump in consumer demand over the next month.

Boxed-beef cut-out values at mid-session came in at $204.91 which is up $.24 on the day and up from $200.58 last week at this time and a new all-time high.

Slaughter came in below trade expectations at 119,000 head.