Market Prices

The Market tab shows live saleyard indicator prices from Meat & Livestock Australia (MLA). It gives you a feel for where the market is sitting — useful when you're deciding whether to sell now or hold stock a bit longer.

On this page

What the Market tab shows

The Market tab displays indicator prices from MLA's cattle market reports. These are not individual sale results — they're weighted average indicators across a reporting period, representing what different classes of cattle are making at the major selling centres.

Prices are shown in cents per kilogram liveweight (c/kg LWT), which is the standard unit in Australian cattle markets. Saleyard prices quoted in the media and in agent reports use the same unit.

Selecting saleyards to watch

Australia has dozens of selling centres, and not all of them are relevant to where you sell. In BlackCow, you can choose which saleyards you want to track:

  1. Open the Market tab.
  2. Tap Edit Saleyards or the settings icon.
  3. Select the selling centres most relevant to you — typically the ones you or your agent use, and any regional indicators you watch as a benchmark.
  4. Save. The Market tab will now show prices for those centres.

Common saleyards covered include Roma, Dalby, Gunnedah, Wodonga, Naracoorte, Wagga Wagga, and others depending on your region.

Understanding price indicators

MLA reports prices for different livestock categories. The main ones you'll see in BlackCow:

Indicator What it represents
Yearling Steers Prices for castrated male cattle roughly 1–2 years old, typically 280–400kg LWT
Yearling Heifers Young females not yet in calf, similar weight range
Weaner Steers Recently weaned steers, lighter cattle around 160–220kg LWT
Weaner Heifers Recently weaned heifers, similar weight range
Cows Cull cows — breeding females being sold out of the herd
Heavy Steers Finished steers ready for processing, typically 450kg+ LWT

The indicator for your class of cattle is the one that matters most when you're considering a sale. If you're planning to sell weaner steers, watch the Weaner Steer indicator at your nearest saleyard.

Price history charts

Alongside current prices, the Market tab shows a chart of recent price history for each indicator. This helps you see whether prices are rising, falling, or flat — and whether current prices are high or low compared to the recent past.

The chart typically shows the last 6–12 months of weekly indicator prices. Use this to identify whether you're in a seasonal trough (prices often soften in autumn when mobs come off heat-stressed country) or a peak (prices often strengthen in late winter/spring as pastures recover).

Estimated herd value

The Est. Herd Value on the Dashboard and in the Market tab's Full valuation table is worked out class by class:

  1. Head — the number in that class across all paddocks in Stock Numbers.
  2. Average weight — a figure you type for each class in the Full valuation table (Weaner Steers start at 220 kg, Weaner Heifers at 200 kg). It does not change by itself as the cattle grow.
  3. Price — the latest MLA indicator for that class at your selected saleyard (Feeder Steer for weaner steers, Feeder Heifer for weaner heifers, Restocker Yearling Steer or Heifer for yearlings, Processor Cow for cows).
  4. Value = head × weight × price ÷ 100.

Value by farm. With more than one farm, a row of farm tabs (All farms, then each farm) above the Full valuation table switches between the whole herd and a single farm. A single farm counts only the stock in that farm's paddocks (and only its mobs' recent weigh-ins). Weights, prices and the birth dates under Value by age are shared across farms. The Dashboard and the Herd Value Over Time chart always show all farms.

Calves (at foot) are the exception: their weight is estimated from a birth weight plus a daily gain times their average age, taken from your Calf Logging history.

Value by age

Because a flat weight never changes, last year's weaners are still valued as 220 kg long after they've doubled in size. Turn on Value by age (below the Full valuation table) to value them from how old they are instead:

Setting it up

  1. Tick Value by age.
  2. For each class, enter its average birth date. A good choice is the date half your cows had calved — for this season's calves BlackCow suggests it from your Calf Logging (tap Use …). Use the previous season's date for yearlings.
  3. Check the steer and heifer daily gain suits your cattle.

One date per class is enough because a class normally holds one year-group. A class with no date keeps its flat weight.

Moving weaners up to yearlings

When a weaner class reaches 12 months, the panel says so and offers Move to Yearling Steers / Heifers. After you confirm it:

Bull going out. While you have yearling heifers, the same panel shows Move N to Cows (it appears whether or not Value by age is on). Press it in December when the bull goes out with the cows. All your yearling heifers move to Cows — counts, mobs and herd history, exactly as above — so they count in the calving % and are valued as cows. The yearling heifer birth date is cleared, since that class is then empty.

Note Marking replaces a paddock's weaner counts with that season's calves, so move last year's weaners up to yearlings before you record marking.
Tip The estimate is only as good as the average birth date. If calving ran over two months, individual calves can differ by 50 kg or more. The Calving Timing report (Reports → Calving) shows how spread out it was.

Using market prices for sale estimates

You can use the Market tab to estimate what a draft might be worth before you commit to a sale:

  1. Find the indicator closest to your draft — e.g. Yearling Steers at Gunnedah, currently at 320c/kg LWT.
  2. Estimate the average liveweight of your draft (based on recent weighing, or experience).
  3. Multiply: 320c/kg × 380kg = 121,600c = $1,216 per head gross.
  4. Subtract agent commission (typically 2–3%) and levies to get your estimated net proceeds.

This is an estimate only — your actual result depends on the condition, weight, and quality of your cattle on the day, and on the specific buyers in the room. But it gives you a realistic ballpark before you make the call to sell.

Note Market prices in BlackCow are MLA indicator prices, not live saleyard results. For actual sale results from a specific sale day, check your agent's report or the relevant selling centre's website.