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OLM NEWSLETTER

(Published every 2 weeks)

The "Bullsheet" is published for active clients. If you wish to receive a copy please contact the OLM office on 07 4671 4661.

EASTERN STATES WEEKLY FEEDER REPORT
30th January 2012

ROMA STORE REPORT
Latest Sale Cancelled Due to Wet

GUNNEDAH STORE REPORT
31st January 2012

ROMA PRIME REPORT
Latest Sale Cancelled Due to Wet

MARKET REPORT

Objective Livestock Marketing Pty Ltd
Current Price Indicators Updated 3rd February 2012

Brief Market Commentary:

Markets are unchanged or slightly firm this week on the back of limited supply due to wet weather. We will need to see reasonable numbers of cattle available for sale t get a better indication of price moves.

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 360 c/kg HSCW

-

MSA Grass Trade Steers

Heifers - less 5c/kg
180-340 kg Drsd
6-22 mm fat.
0 to 2 Tooth
4 T less 5 c/kg

To 355 c/kg HSCW

Angus + 5 c/kg DRSD

-

Heavy Yearling Steers
NON MSA 300-340 kg Drsd
5-12 mm fat
0-2 tooth
To 345 c/kg HSCW

-

Jap Ox >300 kg HSCW.
0-4 tooth.
6-22 mm fat
To 340 c/kg HSCW

-

Heavy Cows >260 kg HSCW
3-12 mm

To 330 c/kg HSCW

-

Medium Cows 200-260 kg HSCW
3-12 mm fat
To 310 c/kg HSCW

-

Grain fed Steer or Heifer
OLM Forward Contract 180-260 kg HSCW
0-2 tooth
To 430 c/kg HSCW

-

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

0-2 Tooth

185 - 215 c/kg L dependent on breeder status, breed & quality

-

EU Accredited Feeder Cattle

350 - 550 kg.

0-2 Tooth

Steers to 230 c/kg Live

Heifers to210 cents/kg

-

Domestic Feeder Strs & Hfrs 300 to 360 kg Live
To 230 c/kg Live Steers
To 205 c/kg Live Heifers

-

100 Day Grain Strs - MSA
70 Day Grain Strs & Hfrs - MSA
To 365 c/kg HSCW
To 365 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.