Markets

Dalby Sale 23 May 2018: Market absorbs larger light cattle offering

Beef Central, 24/05/2018

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

Yarding 6276 Change 1461

Numbers increased by 30 percent. Around half of the total numbers were from the local supply area while the remaining 3,100 head were drawn from NSW and far Western Queensland. A full panel of export buyers was present and operating plus some additional interstate exporters along with the usual feeder operators and restockers.

Despite the dry conditions and the very large line-up of young light weight cattle buyers were able to absorb the large supply and most experienced only small quality related price changes. Medium and heavy weight yearling steers to feed sold to within a few cents of the previous weeks’ level.

There were a few more young heavy grown steers and bullocks in the line-up this week saw average prices improve by 4c/kg.

However the very large yarding of cows improved the most with gains of 4c to 7c and up to 12c/kg on the plain condition lines.

A large number of steer calves returned to the paddock at an average of 280c with some to 310.2c, while the lesser quality mixed sex calves averaged 220c/kg. Light weight yearling steers returning to the paddock made to 298.2c with a large selection averaging 270c and poor quality lines averaged 239c/kg. Medium weight yearling steers to feed averaged 263c and made to 272.2c, while the heavy weight yearling steers to feed averaged 268c and made to 277.2c/kg.

The better end of the light weight yearling heifers to feed or background averaged 232c and made to 240.2c, while plainer lines averaged from 196c to 206c/kg.

Medium weight yearling heifers to feed averaged 243c and D muscle lines 229c/kg.

Heavy grown steers to export slaughter averaged 264c and made to 268.2c and the bullock portion averaged close to 268c and made to 270.2c/kg. Medium weight PTIC cows sold to restockers to 199.2c/kg. Medium weight 2 score cows to processors averaged 181c and made to 188.2c/kg.

Medium weight 3 scores averaged 195c and made to 199.2c/kg. A large sample of good heavy cows made to 221.2c to average close to 211c/kg. Heavy bulls made to 253.2c/kg

To read the full NLRS sale report click here  

Grant Daniel Long report:

Cattle were drawn from South West QLD, Roma, St George and the local area as well as large consignments of weaners from NSW.

Prices were firm to 8c better across the board with a Southern processor operating for the first time this year.

4 score cows topped at 231.2c and averaged 7c better than last week.  Bullocks topped at 270.2c.

Prime Quotes
Heifers up to 400kg – lowest 215c/kg, highest 262.2c/kg, Av 230c/kg.
Heifers over 400kg – lowest 213.2c/kg, highest 253.2c/kg, Av 230c/kg.
Cows up to 400kg – lowest 40c/kg, highest 178.2c/kg, Av 170c/kg.
Cows 400kg to 500kg – lowest 148c/kg, highest 212.2c/kg, Av 190c/kg.
Cows over 500kg – lowest 159.2c/kg, highest 231.2c/kg, Av 210c/kg.
Steers & Bullocks up to 500kg – lowest 218.2c/kg, 260c/kg, Av 257c/kg.
Steers & Bullocks over 500kg – lowest 231c/kg, 270.2c/kg, Av 264c/kg.

Store Quotes
Steers 200kg to 280kg – lowest 203c/kg, highest 330.2c/kg, Av 270c/kg.
Steers 280kg to 400kg – lowest 132c/kg, highest 277c/kg, Av 269c/kg.
Steers 400kg + – lowest 246c/kg, highest 277c/kg, Av 268c/kg.
Heifers 200kg to 320kg – lowest 166.2c/kg, highest 245c/kg, Av 227c/kg.
Heifers 320kg to 370kg – lowest 222c/kg, highest 262.2c/kg, Av 223.2c/kg.
Heifers over 370kg – lowest 213c/kg, highest 253c/kg, Av 239c/kg.

Highlights

Simmental Ylg steers sold by GT & CE Patteson of Kingaroy to re-stockers 298.2c, 287kg, Av $856.
Simmental Ylg heifers sold by GT & CE Patteson of Kingaroy to re-stockers 240.2c, 300kg, Av $722.
Angus heifers sold by D & K Sutton of Guyra NSW to re-stockers 226.2c, 399kg, Av $902.
Simmental X cows from Wandoan sold to processors 225c, 637kg, Av $1433.
Simmental bulls from Wandoan sold to processors 245.2c, 850kg, Av $2084.
Charolais cows sold by Wamsley P’Ship of Scone NSW to re-stockers 199.2c, 498kg, Av $993. Young cows, big frame, light condition, red tag 4 months over, good quality cows.
Charolais X steers from Wandoan sold to processors 267.2c, 728kg, Av $1946.
Source: NLRS, Grant Daniel Long, Ray White Eastern Rural

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