Cow prices rise further despite early indications

Monday 29th July

Despite early indications that the cow market may have fallen, by the end of the sale it was up to 9c/kg dearer than last week with the best Angus cows to process selling to 332c/kg and a top price of $2652 for a single Simmental cow. Lightweight steers sold to 398c/kg and the best of the heifers made the same money with the NLRS quoting best results for the lightweight steers and medium to heavy heifers, up 8-18c/kg. More than half of the yarding was cows and heifers following some good rain over the weekend.

Hereford vealer steers sold by Ray White Livestock on account Blanch made 363c/kg and averaged 379kg/$1376