Markets

Dubbo sale 15 Nov 2018: Cattle to restockers lose ground

David Monk, 16/11/2018

Yarding 3610 Change 2155

As seasonal conditions continue to worsen in most districts the young cattle to the restockers are losing ground though there is still very solid competition on the good quality feeder cattle coming through.

It was a mixed yarding with a large numbers of very plain young cattle and cows. There were also a few runs of top quality cows in good condition along with some good lines of properly finished grown steers off grain. There was also a pretty good selection of feeder cattle throughout. A large percentage of the yarding were far western cattle along with the usual cattle sourced from local districts. Most of the regular buyers were operating with the exception of a couple of feeder operators.

NLRS advises the few trade cattle were around firm with prime yearlings selling from 265c to 302c/kg.

Despite the fact a couple of regular operators were missing the feeder steers finished firm to 3c dearer while the feeder heifers were dearer for the lighter weights and firm to 4c cheaper for the heavier weights. Feeder steers sold from 240c to 328c with the light and medium weights averaging 273c and 288c/kg. The heavy weight feeder steers averaged 305c/kg. The feeder heifers sold from 236c to 289c with the large number of lighter weights averaging 265c while the medium weight feeder heifers averaged 260c/kg.

Young cattle to the restockers were 20c to 30c cheaper with quality a factor in the fall. Young restocker steers sold from 180c to 290c with the lightweights less than 200kg averaging 250c while the restocker heifers sold from 160c to 249c with the lightweights here averaging 216c/kg.

Grown steers were 3c dearer with the prime medium and heavy weights selling from 283c to 300c to average 296c/kg. The feeders were keen to purchase suitable two tooth grown steers and they sold from 286c to 321c/kg. Grown heifers were firm with the better types selling from 240c to 280c/kg. Grown heifers to the feeders sold from 231c to 290c while plain conditioned grown heifers to the restockers sold from 158c to 218c/kg.

Plain conditioned cows to the processors were 5c cheaper and more in places while the properly finished heavy weights were 5c/kg dearer. 2 score cows sold from 151c to 193c while the better 3 and 4 scores sold from 170c to 254c for a C muscle Limousin cow. The prime heavy weight cows averaged 235c/kg. Northern restockers were operating on suitable cows paying from 158c to 197c/kg.

Bulls were 4c cheaper with the better heavy weights selling from 218c to 265c/kg. Young bulls to the restockers sold from 168c to 230c/kg.

To view full NLRS report click here

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