Markets

Dalby Sale 6 Feb 2019: Restockers absorb increased supply

Beef Central, February 7, 2019

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

Yarding 6218 Change 2731

Numbers lifted by 2,731 head to 6,218 following the reduced yarding the previous week.

A full panel of export and feeder buyers was present and operating along with a good line-up of restockers.

Young cattle were in the largest numbers, however close to 1,100 cows were penned and a relatively small sample of heavy grown steers and bullocks.

Despite the large number of light weight yearling steers penned, restockers absorbed the increased supply and lifted prices. Medium and heavy weight yearling steers to feed sold to a market 4c to 8c/kg better. Light weight yearling heifers experienced very little change in price, while the largest sample of medium weights to feed averaged 4c/kg dearer. Heavy grown steers and bullocks averaged 4c to 5c/kg cheaper.

The very large number of cows generally could not maintain the levels of the previous sale and the better end lost 5c to 7c/kg, however the plain condition cows sold to a firm market. Steer calves made to 316.2c to average 304c, and some well-bred vealer heifers sold to restockers at 320.2c/kg.

Light weight yearling steers made to 320c in pen lots with a large sample averaging 279c, and the poor quality lines averaged 233c/kg. Medium weight yearling steers to feed made to 303.2c to average 280c, and the heavy weights averaged in the mid-to high 280c range and made to 296.2c/kg.

Light weight yearling heifers averaged 221c and made to 240.2c and the lesser quality lines 177c/kg. Medium weight yearling heifers to feed averaged 242c and made to 265.2c/kg. A few heavy weights to feed made to 268.2c with most around 232c/kg. Heavy grown steers averaged 282c and the younger end of the bullocks made to 295.2c to average 288c/kg. Medium weight 2 score cows averaged 175c and made to 187.2c/kg. Good heavy cows were in the largest numbers and made to 240.2c in pen lots to average 229c/kg.

Heavy bulls made to 262.2c/kg

To view full NLRS market report click here

Grant Daniel Long report                                                                                                                   

The total yarding of 6218 saw the export market stay simpler to last week, with cows as high as 230c. Bullocks were up to 290c with feeder steers increasing by 5–10c.  There was a big jump in the light top quality weaner steers making 310c.  Cows & calves, A/C R & H Sullivan made $1360 these were large frame cows with 2-4 month calves.

Prime Quotes
Heifers up to 400kg – Lowest 172.2c/kg, highest 265.2c/kg, Av 242.7c/kg
Heifers over 400kg – Lowest 224.2c/kg, highest 268.2c/kg, Av 243.1c/kg
Cows up to 400kg – Lowest 94.2c/kg, highest 168c/kg, Av 157.1c/kg
Cows 400kg to 500kg – Lowest 139.2c/kg, highest 227.2c/kg, Av 197.7c/kg
Cows over 500kg – Lowest 178.2c/kg, highest 240.2c/kg, Av 229c/kg
Steers & Bullocks up to 500kg – Lowest 200c/kg, highest 206.2c/kg, Av 203.2c/kg
Steers & Bullocks over 500kg – Lowest 206.2c/kg, highest 295.2c/kg, Av 288.1c/kg

Store & Feeder Quotes
Steers 200kg to 280kg – Lowest 149.2c/kg, highest 320c/kg, Av 279.2c/kg
Steers 280kg to 400kg – Lowest 220.2c/kg, highest 309.2c/kg, Av 284c/kg
Feeder steers 400kg+ – Lowest 250.2c/kg, highest 296.2c/kg, Av 288c/kg
Heifers 200kg to 320kg – Lowest 162.2c/kg, highest 258.2c/kg, Av 221.7c/kg
Heifers 320kg to 370kg – Lowest 172.2c/kg, highest 260c/kg, Av 250.1c/kg
Feeder heifers over 370kg – Lowest 224.2c/kg, highest 268.2c/kg, Av 232.1c/kg

Highlights

Angus X bullocks sold by Gibson Partnership of Dalby to processors 284.2c, 819kg, $2327
Angus X steers sold by Lennie Brae Holdings of Condamine to processors 290.2c, 560kg, $1625
Limousin X young bullocks sold by Whispering Pine Cattle Co. of Dalby to processors 300.2c, 510kg, $1531
Angus X cows sold by Gibson Partnership of Dalby to processors 236.2c, 632kg, $1493
Charolais X heavy heifers sold by AJ & KA Curtis of Moonie to feedlotters 259.2c, 526kg,  $1365
Santa feeder steers sold by G Crumpton & Sons of Kingaroy to feedlotters 292.2c, 448kg, $1309
Charolais heifers sold by Southwest Grazing of Moonie to feedlotters 264.2c, 350kg, $924
Santa weaner steers sold by G Crumpton & Sons of Kingaroy to re-stockers 320c, 241kg, $771
Charolais X weaner heifers sold by M & S Benson of Yuleba to feedlotters 242.2c, 296kg, $718

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

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