All states vealer steer indicators lifted around 2¢ to 6¢/kg, with the exception being SA, where vealer steers eased by 5¢, to 184¢/kg.

The national yearling steer indicator has fallen by 2¢/kg, to 185¢/kg, but the NSW and SA’s yearling steer indicator prices are holding firm, while Queensland and Victoria both fell, down by 3¢ to 184¢/kg and 195¢/kg, respectively.

MLA says the number of yearling steers purchased by processors nationally fell 16pc compared with numbers in the same period last week.

The feeder steer indicator has held firm, at 179¢/kg, although across the states it was again mixed, lifting in Queensland and NSW by 7¢ and 2¢ to 179¢ and 181¢, respectively, and remaining firm in Victoria at 178¢/kg.

SA feeder steers fell by 10¢/kg, to 178¢/kg, as feeder buyers were circumspect in their bidding on a near-record low yarding. MLA says lot feeder purchases have increased 11pc so far this week compared with purchases in the same period last week.

NSW lot feeder purchases, however, went against this trend, to be 33pc lower.

After Monday and Tuesday’s prime sales, the national medium steer indicator has fallen 4¢/kg, to 170¢/kg compared with last week's indicator for the same period.

Supply of medium steers has also fallen, to be down 24pc.

Nationally, the number of heavy weight C4 grown steers so far this week declined around 40pc compared with numbers for the same period last week.

The national Japan ox indicator lifted 9¢/kg to 186¢/kg compared with last week’s. Queensland gained 10¢ to 186¢, NSW lifted 3¢ to 182¢ and Victoria jumped 12¢ to 196¢/kg.

The national cow indicator has remained firm on the same period last week and purchases of medium weight D3 cows have lifted 11pc.

Cows continue to receive strong demand, especially in Victoria where the US cow indicator so far this week has gained 2¢/kg, to 149¢/kg on those of the same period last week.