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Dalby Sale 11 April 2018: Market eases under bigger numbers

by James Nason, 12 April 2018


Video market report from Ray White Eastern Rural’s Peter Bird

Yarding 6774 Change 2839

The trend of much larger numbers coming forward into the saleyards continued with the supply of stock almost doubling the previous week’s level.

Cattle were drawn from a wide area including South Australia and New South Wales. Export buyer attendance was generally good and all were operating along with the usual feeder operators plus a fair line up of restockers. Price trends experienced mixed results with light weight yearling steers to restockers in demand while medium and heavy weight yearling steers to feed received very little change in price. This trend also flowed onto the medium and heavy weight yearling heifers to feed. However, light weight yearling heifers suffered losses of 20c to 30c/kg and more in places. A very large yarding of cows sold to a much cheaper market with losses of 11c to 22c/kg fairly common with the plain condition lines the least affected.

Steer calves made to 386.2c with lesser quality mixed sex lines averaging 258c/kg. Vealer steers returning to the paddock made to 354.2c with most around 340c/kg. Vealer heifers to feed or background made to 278.2c the largest numbers averaging 265c/kg. Light weight yearling steers mostly sold to restockers at an average of 325c with the occasional pen to 360.2c/kg. Medium weight yearling steers to feed averaged 289c and made to 310.2c/kg. Heavy weight yearling steers to feed generally sold in the early to mid 280c/kg range with some to 290.2c/kg. The better lines of light weight yearling heifers averaged in the early to mid 260c/kg range however the lesser quality lines averaged 227c/kg. Medium weight yearling heifers to feed averaged 268c and made to 275.2c and heavy weights to feed averaged 272c and made to 279.2c/kg.

A small selection of heavy steers to export slaughter reached 268c and a handful of bullocks made to 280.2c/kg. Medium weight 2 score cows returning to the paddock averaged 190c and made to 204.2c/kg. While the medium weight 2 scores to processors averaged 184c/kg. The best of the medium weights averaged 206c and made to 211.2c/kg. A large selection of good heavy cows mostly sold around 213c with occasional sales to 231.2c/kg. Heavy bulls made to 243.2c/kg.

Grant Daniel Long report:

With an extra 2800 head of cattle the market struggled to maintain the previous week’s prices. Export cattle were the most affected with bullocks and 4 score cows back 20 to 25 cents on average. Feeder heifers and steers were back 5-8 cents.

A very good quality line up of weaners were penned with the better end of steers getting over 260c. Plainer lines struggled and lost around 20c on the previous week. – Jordan Wenham, GDL Dalby.

Prime Quotes
Heifers up to 400kg – Lowest 180c/kg, highest 278c/kg, Av 268c/kg
Heifers over 400kg – Lowest 200c/kg, highest 279c/kg, Av 272c/kg
Cows up to 400kg – Lowest 122c/kg, highest 208c/kg, Av 190c/kg
Cows 400kg to 500kg – Lowest 140c/kg, highest 211.2c/kg, Av 206c/kg
Cows over 500kg – Lowest 178c/kg, highest 231.2c/kg, Av 213c/kg
Steers & Bullocks up to 500kg – Lowest 242c/kg, highest 270c/kg, Av 262c/kg
Steers & Bullocks over 500kg – Lowest 249c/kg, highest 280c/kg, Av 268c/kg

Store Quotes
Steers 200kg to 280kg – Lowest 265c/kg, highest 360.2c/kg, Av 325c/kg
Steers 280kg to 400kg – Lowest 246c/kg, highest 316c/kg, Av 288c/kg
Steers 400kg + – Lowest 269c/kg, highest 295c/kg, Av 285c/kg
Heifers 200kg to 320kg – Lowest 180c/kg, highest 290c/kg, Av 265c/kg
Heifers 320kg to 370kg – Lowest 220c/kg, highest 279.2c/kg, Av 268c/kg
Heifers over 370kg – Lowest 200c/kg, highest 275c/kg, Av 260c/kg

Highlights

Simmental bulls sold by BE & BV Taylor Trust of Millmerran to processors 241.2c, 895kg, Av $2,158
Angus Ylg steers sold by B & P Clayton of Kingaroy to re-stockers 318.2c, 300kg, Av $954
Angus Ylg heifers sold by B Zammataro of Kingaroy to re-stockers 266.2c, 285kg, Av $759
Charolais steers sold by AJ Dicks of Kingaroy to processors 278.2c, 659kg, Av $1,834
Brahman X cows sold by Adams & Son of Blackall to processors 211.2c, 605kg, Av $1,278
Santa steers sold by JG Goodland of Chinchilla to processors 280.2c, 492kg, Av $1,379
Simmental heifers sold by JM Allan & Sons P/L of Blackall to feedlotters 274.2c, 533kg, Av $1463

Source: NLRS, Grant Daniel Long, Ray White Eastern Rural



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