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Forbes Phoenix

You are here: Home / Stock Reports / The Local Stock Markets

The Local Stock Markets

January 14, 2016 By editor

With the second week back of sales at the Forbes Livestock Centre, cattle saw strong competition with good enquiry from feed lots, especially Northern and Queensland based operators. There were 1557 cattle yarded and feeder steer prices were 10 to 15c a kilo dearer and heifer yearlings also improved by up to 15c. Prime yearling steers were 3 to 4c better but cows eased 3 to 4c. It is expected cattle prices will rise as a result of the record breaking rains in
Queensland which has resulted in many areas receiving their first decent rainfall in years.

On Tuesday 33512 sheep were yarded including 24840 lambs, with lamb quality high again. All the usual buyers were competing and the market for all lambs remained fully firm and $2 to $3 dearer for the heavier better finished lambs. There were 8672 grown sheep yarded and prices for medium and heavy sheep were $8 to $12 dearer, with lighter grades $5 to $7 better compared to last week’s sale.

Filed Under: Stock Reports

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