Markets

Dubbo Sale 23 Oct 2019: Cows continue upward trend

David Monk, 24/10/2019

Yarding 4600 Change 550

Cows continue on their upward trend with solid support coming from both northern and southern processors.

Numbers were up by 550 for a yarding of 4600. It was a much better quality yarding with good numbers of well finished trade cattle coming off crops or grain. Cows were in large numbers in fact they were responsible for more than 30% of the total yarding as growers continue the selloff due to the drought. Also in the yarding were the expected numbers of plainer conditioned yearlings and weaners with particularly large numbers of heifer yearlings. Once again there was large numbers of young calves in most runs. There were limited numbers of grown steers yarded and the grown heifer quality was not to the standard of the previous sale. Cattle were sourced from far and wide with consignments coming from Moree the Bylong Valley Cobar Nymagee Baradine Coolabah Cunnamulla Bourke Wanaaring Wilcannia and local districts. Most of the usual processor and feeder buyers were operating along with a couple of extra restocker orders from the south.

NLRS advises the young cattle to the trade were firm with the prime steer yearlings selling from 276c to 320c with the heavy weights over 400kg averaging 306c while the prime heifer yearlings sold from 247c to 285c/kg.

Feeder steers were firm for the light and medium weights and 2c cheaper for the heavier weights while the feeder heifers were 2c to 4c/kg cheaper. The feeder steers sold from 252c to 314c with the good number of steers weighing between 330 and 400kg averaged 286c while the heavier weight steers over 400kg averaged 294c/kg. The feeder heifers sold from 206c to 278c with the light and medium weights averaging 245c while the well finished heavy weights over 400kg averaged 264c /kg.

With solid competition coming from southern restocker the young steers to the restockers were up to 15c dearer while the young heifers were around firm with buyers mainly concentrating on the steer portion. The young steers sold from 124c to 319c which was paid for top quality young Angus steers. The lightweight calves weighing less than 200kg averaged 271c while the heavier young calves weighing between 200kg and 280kg averaged 285c/kg. There was good numbers of store conditioned steer yearlings weighing between 200kg and 280kg and they averaged 258c/kg. The young restocker heifers sold from 170c to 255c with good numbers of young calves weighing between 200kg and 280kg averaging 219c while the good numbers of heifer yearlings in the same weight category average the same at 220c/kg. There were good numbers of heifer yearlings weighing between 280kg and 330kg and they averaged 239c/kg.

Good numbers of bobby calves mostly sold to the restockers ranging in price from 50c to 314c with the calves over 80 kg averaging 252c/kg. Bobby calve to the processors sold from 180c to 248c/kg.

The few grown steers were 2c cheaper with the prime medium and heavy weights selling from 270c to 303c/kg. Grown steer to the feeders sold from 250c to 303c while there were good numbers of very plain quality grown steers drought affected and they sold to the restockers ranging from 55c to 247c/kg. Grown heifers were 10c cheaper with the better types selling from 245c to 285c/kg. There continues to be good numbers of grown heifers carrying two four and six teeth coming into the sale as graziers continue to dip into their future breeders. Fortunately a number of these heifers are being bought by the restockers who are paying from 186c to 228c/kg.

Cows were 4c to 5c dearer with the 2 scores to the processors selling from 158c to 227c with the good number weighing between400kg and 520kg averaging 205c/kg. The better 3 and 4 score cows sold from 200c to 270c with the prime heavy weights averaging 254c/kg. Cows to the restockers were also a little dearer selling from 140c to 221c/kg.

The bull market remained fairly similar with the better heavy weight bulls selling from 232c to 280c to average 263c/kg. A few young bulls sold to the restockers selling from 175c to 200c/kg.

For full NLRS sale report click here

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