Markets

Dalby Sale 28 Nov 2018: Yarding hits five month high

Beef Central, 28/11/2018

Click above to watch this week’s video market report from Ray White Eastern Rural’s Peter Bird.

Yarding 7582 Change 3615

Dalby agents penned a much larger yarding of 7,528 head this week, which included 1,130 head from far Western Queensland.

It was 3,560 head more than last week and the biggest yarding since early July. The yarding featured several lines of well-bred steers and cows, but there was a large portion of the yarding that were light to very light in condition and demand for these types was restricted.

The usual buying panel turned out, with competition strong for the heavy feeder cattle, however most other classes struggled to maintain last sale rates. Light weight cattle towards the end of the sale were sold into an easing market due to minimal competition. Yearling steers varied in price relevant to quality with the light weight pens the hardest to sell. The tops reached 320c with improved averages for medium to heavy weights varying from 285c to 309c/kg.

With large numbers penned, yearling heifers averaged between 263c and 274c and made a top sale of 296c/kg. Grown steers going to feed averaged 308c to 314c for the best with plain pens from 260c to 290c/kg. Processors paid to 315c for grown steers, while 4 score bullocks averaged 296c/kg. Grown heifers went to the trade to a top of 288c to average from 252c to 274c/kg. Heavy 4 score cows saw a slight easing, averaging 248c from a high of 262c/kg. Heavy bulls were well supplied and also eased to average 246c with sales to 278c/kg.

To read the full NLRS sale report click here

Grant Daniel Long report

The market was slightly cheaper than previous weeks, with feeder cattle and cows remaining strong.  GDL cattle this week were mainly sourced from Meandarra, Hannaford, Tara, St George and Kingaroy. Jack Biddle and Tim O’Dwyer, GDL Dalby

Prime Quotes
Heifers up to 400kg – Lowest 200c/kg, highest 286c/kg, Av 257.9c/kg
Heifers over 400kg – Lowest 264c/kg, highest 280c/kg, Av 271.7c/kg
Cows up to 400kg – Lowest 104c/kg, highest 232c/kg, Av 220.5c/kg
Cows 400kg to 500kg – Lowest 182c/kg, highest 252c/kg, Av 226c/kg
Cows over 500kg – Lowest 211c/kg, highest 262c/kg, Av 235c/kg
Steers & bullocks up to 500kg – Lowest 339c/kg, highest 314c/kg, Av 280c/kg
Steers & bullocks over 500kg – Lowest 209c/kg, highest 315c/kg, Av 289c/kg

Store & Feeder Quotes
Steers 200kg to 280kg – Lowest 242.2c/kg, highest 300c/kg, Av 268.4c/kg
Steers 280kg to 400kg – Lowest 259c/kg, highest 313c/kg, Av 293.4c/kg
Feeder Steers 400kg + – Lowest 280c/kg, highest 316c/kg, Av 289.4c/kg
Heifers 200kg to 320kg – Lowest 160c/kg, highest 280c/kg, Av 246.9c/kg
Heifers 320kg to 370kg – Lowest 213c/kg, highest 287c/kg, Av 262.7c/kg
Feeder heifers over 370kg – Lowest 256c/kg, highest 296c/kg, Av 263.3c/kg

Highlights
Santa X steers sold by DRD Pastoral of Wandoan to processors 309.2c/kg, 601kg, $1858
Santa HGP grain-assisted steers sold by Sutton Beef No. 1 of Glenmorgan to processors 292.2c/kg, 531kg, $1553
Shorthorn bulls sold by Deepwater Farming Co. P/L of Meandarra to processors 245.2c/kg, 978kg, $2398
Shorthorn X bulls sold by BE & BV Taylor Trust of Millmerran to processors 240.2c/kg, 1140kg, $2738
Hereford cows sold by WC Lowien of Dalby to processors 244.2c/kg, 769kg, $1878
Santa cows sold by G Crumpton & Sons of Kingaroy to processors 250.2c/kg, 611kg, $1530
Simmental X feeder steers sold by Iwona Partnership of Hannaford to feedlotters 310.2c/kg, 472kg, $1465
Murray Grey X heifers sold by TJ & A Bradstreet Pastoral of St George to feedlotters 280c/kg, 362kg, $1014
Murray Grey X heifers sold by TJ & A Bradstreet Pastoral of St George to feedlotters 286.2c/kg, 324kg, $928
Santa steers sold by BJ & HA Weedon of Kingaroy to re-stockers 300c/kg, 301kg, $903
Murray Grey X ylg heifers sold by TJ & A Bradstreet Pastoral Trust of St George to re-stockers 242.2c/kg, 275kg, $666

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

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