Markets

Dubbo 23 June 2016: Butchers active in rain-reduced yarding

Graeme Richard, 23/06/2016

With nearly a week of wet weather numbers were down. 748 cattle were yarded, 1967 fewer than last week.

Quality was good with plenty of well finished trade cattle and only a reasonable number of secondary cattle.

Local butchers competed strongly to secure numbers.

Grown steers were limited and there was a good number of mixed quality cows.

Not all the usual buyers operated in a firm to dearer market.

MLA markets reported that very light steers to restockers lost 6c selling to 366c/kg.

Feeder steers were firm based on bred and quality selling between 315c and 371c/kg. Steers over 400kg averaged 348c after reaching a high of 371c for 404kg steers.

Feeder heifers were firm to 3c stronger receiving 329c to 335c averaging 332c/kg.

Trade steers and heifers gained 10c with steers selling from 335c to 360c and heifers 323c to 364c/kg. Medium weights averaged 350c/kg.

Grown steers and bullocks sold to similar prices when age is taken into account with a larger percentage of 6 and 8 tooth steers penned and ranged from 295c to 328c/kg.

Cows were the big improver lifting 10c/kg.

Restockers were active on the lighter weights with the medium weight 2 score cows ranging between 239c and 259c/kg to processors and restocking cows averaging around 250c/kg.

Heavy 3 and 4 scores 255c to 284c/kg to average around 265c/kg.

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