Markets

Dubbo sale 10 May 2017: Market recovers falls from previous week

David Monk, 12/05/2017

Despite another week of dry weather numbers were back by 850 for a yarding of 3460.

Young cattle were the majority in a pretty good quality yarding with good numbers of trade cattle to suit the processors and feeders. There was also a fair selection of cows along with a limited supply of grown steers. Almost 90% of the yarding was sourced from local districts with only two consignments from the Bourke district. Most of the regular buyers were operating in a pretty solid market with a number of categories regaining the falls of the previous sale.

NLRS reports that young cattle to the trade were up to 9c dearer with steer vealers selling from 338c to 357c with the prime heavier weights over 330kg averaging 350c/kg. Heifer vealers to the trade sold from 310c to 352c/kg.  The good numbers of prime steer yearlings sold from 308c to 349c with the heavier weights averaging 311c while the prime heifer yearlings sold from 275c to 337c/kg.

Young feeders went against the trend for the week finishing 4c to 6c dearer with the feeder steers selling from 291c to 355c with the medium weights weighing between 330kg to 400kg averaging 341c/kg. The feeder heifers sold from 270c to 344c with the medium weights here averaging 319c/kg.

There were very few lightweight cattle to suit the restockers yarded. The steers that did sell to the restockers sold from 345c to 380c while the young heifers to the restockers sold from 282c to 347c/kg.

Grown steers were 8c dearer and more in places with the prime medium weights weighing between 500kg and 600kg selling from 295c to 338c to average 322c/kg. Grown steers going on feed sold from 280c to 351c for the lighter weights and 305c/kg for the heavy weights. A very limited selection of prime grown heifers sold from 260c to 316c/kg.

It was a much plainer quality yarding of cows compared to the previous sales. Most grades of cows were firm to 2c cheaper with the 2 scores selling from 185c to 205c to the processors. The restockers were keen to operate on suitable lines paying from 208c to 228c/kg. The better 3 and 4 score cows to the processors sold from 200c to 245c with a single C muscle cow selling for 269c/kg. The prime heavy weight cows averaged 235c/kg.

The well-muscled heavy weight bulls were 4c dearer selling from 240c to 275c to average 261c/kg. With only a couple of far western consignments there were not the numbers of young bulls yarded compared to previous sales. The feeders were still able to secure a small number paying 263c while the restockers paid from 260c to 344c/kg.

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