Markets

Dubbo sale 10 Nov 2016: Two weeks of big western drafts to go?

Guest Author, 11/11/2016

Following around 10mm of rain in most areas on Wednesday numbers were down considerably on the expected draw with a yarding of 2965.

Whilst there was a fairly large influence of far western cattle the feeling from the agents is that there may only be another two or three weeks of larger numbers to come from the west.

Consignments came from Broken Hill, White Cliffs, Coonamble and Quambone, along with large numbers from the Nyngan district.

There was a good selection of young cattle and cows throughout the yarding though there was only a limited selection of properly finished grown steers.

With the knowledge that the live exporters are active there were large numbers of young bulls throughout the yarding. Most of the regular buyers were in attendance and operating in a pretty solid market.

MLA market information advises that young cattle to the trade were 3c to 6c dearer with the prime steer yearlings selling from 312c to 366c with the heavier weights over 400kg averaging 338c/kg. The prime heifer yearlings sold from 290c to 335c with the heavier end averaging 317c/kg. Very limited numbers of vealers suitable for the trade sold to 363c/kg.

Young feeder cattle were firm to 3c dearer with the feeder steers selling from 316c to 388c with the large number of prime steers over 400kg averaging 351c/kg. The feeder heifers sold from 289c to 359c with the heavier weights averaging 326c/kg.

A limited selection of young steers suitable for the restockers sold from 350c to 437c while the restocker heifers sold from 326c for plain crossbreds to 397c/kg for fair quality Angus calves.

Grown steers went against the trend for the week selling at 5c/kg dearer rates. The prime medium weights weighing between 500kg and 600kg sold from 287c to 332c to average 313c/kg. The grown heifers in the yarding were not to the standard of the previous sales and sold at 6c/kg cheaper rates with the prime heifers less than 540kg selling from 259c to 310c/kg.

The plainer conditioned cows were 3c to 5c cheaper while the properly finished heavy weights were fully firm. 2 and 3 score cows sold from 204c to 238c while the better 4 score heavy weights sold from 233c to 252c to average 243c/kg.

The properly finished and better muscled heavy weight bulls were 2c cheaper selling to the processors from 235c to 258c/kg. Once again the live exporters were active on the young bulls yarded and they paid from 300c to 374c with the large number under 450kg averaging 339c/kg. With only the one export operator buying competition was provided by local district restockers.

 

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