Markets

Dubbo sale 1 Nov 2018: Young cattle to restockers take a hit

David Monk, 02/11/2018

Yarding 4120 Change 1660

Another week of very warm dry conditions lifted numbers by almost 1700. The young cattle to the restockers were the biggest losers in the larger yarding falling by 30c to 50c/kg.

Number lifted by 1660 for a total of 4120. It was a pretty good quality yarding with good numbers of young cattle to suit the processors and feeders along with good numbers of cows and grown steers a number of which had come off crops or have had grain assistance. There was also good numbers of young calves suitable for the restockers. The bulk of the cattle were sourced from local districts along with a few consignments from the far west. Most of the regular processor and feeder orders were operating though a number of restocker orders were absent.

NLRS advises the young cattle to the trade were around firm with vealers selling from 290c to 305c and the prime steer yearlings sold from 275c to 305c while the heifer yearlings to the trade sold from 257c to 285c/kg.

There was pretty solid support for the feeders available with particularly strong interest in the heavier weight cattle. The heavier feeder steers and heifers were firm while the lighter weights were 3c to 14c/kg cheaper. Feeder steers sold from 245c to 315c with the lightweights averaging 274c and the medium weights 297c/kg. The heavier weight feeder steers over 400kg averaged 303c/kg. The feeder heifers sold from 216c to 290c with the medium weights averaging 272c and the heavy weights 282c/kg.

Young cattle to the restockers were the big losers in the sale falling by 30c to 50c cheaper compared to the strong market in the previous sale. The young steers sold from 200c to 324c with the lightweights less than 200kg averaging 289c while the young heifers sold from 140c to 258c with the lightweights here averaging 188c/kg.

Grown steers were firm to 4c cheaper with the prime medium and heavy weights selling from 279c to 310c with the medium weights averaging 297c and the heavy weights 292c/kg. Grown steers to the feeders sold from 258c to 299c/kg. Grown heifers were 8c cheaper with the better types selling from 250c to 268c/kg. Plainer conditioned grown heifers to the restockers sold from 166c to 220c/kg.

Cows to the processors were 14c to 20c cheaper with the 1 and 2 scores selling from 50c to 196c/kg. The better 3 and 4 scores sold from 185c to 247c with the prime heavy weights averaging 232c/kg. Good numbers of cows to the restockers sold from 80c to 198c/kg.

Bulls were considerably cheaper with quality a factor. The better bulls sold from 200c to 244c while young bulls to the restockers sold from 188c to 222c/kg.

To view full NLRS report click here

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