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CURRENT OLM NEWSLETTER (Bi-Monthly)
Friday August 27, 2010

EASTERN STATES WEEKLY FEEDER REPORT
Monday August 30, 2010

ROMA STORE REPORT
Tuesday August 31, 2010

GUNNEDAH STORE REPORT
Tuesday August 31, 2010

MARKET REPORT

Objective Livestock Marketing Pty Ltd
Current Price Indicators Updated: Friday 3rd September 2010

Brief Market Commentary:

Slaughter markets remain firm on last weeks prices. We are starting to see some good heavy slaughter weights coming off oats and we expect this to continue. We are weighing plenty of heavy feeder steers also off oats. The light store market is very strong as restockers try and secure cattle for this very good spring.

Please note: The prices listed below are an amalgamation of quotes from different sources.

The table is designed to give a snapshot of the market in southern QLD and Northern NSW. Please contact Danny or Andrew Wilkie if you have any queries about a particular section of the market.

Market

Specs

Prices

Trend

EU Steers
EU heifers less 5c/kg >240 kg Drsd
7-32 mm fat
0 to 4 Tooth To 350 kg HSCW

-

MSA Grass Trade Steers

Heifers - less 5c/kg

(Angus + 15 c/kg)
180-340 kg Drsd
6-22 mm fat.
0 to 2 Tooth
4 T less 5 c/kg To 345 c/kg HSCW
-

Heavy Yearling Steers
NON MSA 300-340 kg Drsd
5-12 mm fat
0-2 tooth To 335 c/kg HSCW
-

Jap Ox >300 kg HSCW.
0-4 tooth.
6-22 mm fat To 315 c/kg HSCW
-

Heavy Cows >260 kg HSCW
3-12 mm To 305 c/kg HSCW
-

Medium Cows 200-260 kg HSCW
3-12 mm fat To 290 c/kg HSCW
-

Grain fed Steer or Heifer
OLM Forward Contract 180-260 kg HSCW
0-2 tooth To 365 c/kg HSCW
-

Export Feeder Steers
(c/kg live)
380/400 kg Live - 550 kg Live

0-2 Tooth
185-210 c/kg L dependent on breeder status, breed & quality
-

EU Accredited Feeder Cattle

350 - 550 kg.

0-2 Tooth

207 - 215 c/kg Live

Heifers (190 cents/kg )

-

Domestic Feeder Strs & Hfrs 300 to 360 kg Live To 190 - 205 c/kg Live Steers
To 180 c/kg Live Heifers
-

100 Day Grain Strs - MSA
70 Day Grain Strs & Hfrs - MSA To 355 c/kg HSCW
To 355 c/kg HSCW

Disclaimer: Please note that these prices are an indicator only. These prices can and do change without notice. OLM takes no responsibility for decisions taken based solely on these prices.