Markets

Dubbo sale 18 Oct 2018: Rain lifts restocker spirits

David Monk 19/10/2018

Yarding 1600 Change 225

Since last week’s report most people in most districts have enjoyed some rain in the form of storms with some only receiving small falls and others receiving quite substantial falls.

Following the previous fortnight’s good rains this has created some healthy growth in the paddocks with graziers at least being able to feed off their failed crops while paddocks without crops have a reasonable pick.

This growth and change in the paddocks in turn has certainly lifted the spirits of restockers with some large lines of cows in this sale selling up to 50c/kg dearer rates to the restockers.

It was a pretty good quality yarding with a good selection of well finished trade cattle mostly supplementary fed along with some good runs of feeder cattle. Cows were responsible for 30% of the yarding a number of which were suitable for the restockers along with a good selection of well finished cows. There were also some good runs of properly finished grown heifers and only a couple of pens of well finished grown steers once again supplementary fed. The regular field of buyers were in attendance and operating.

NLRS advises the young cattle to the trade were up to 15c dearer with the prime steer yearlings selling from 286c to 294c while the prime heifer yearlings to the trade buyers sold from 265c to 290c/kg.

Feeder cattle were 10c to 15c dearer with the feeder steers selling from 270c to 308c with the lightweights averaging 292c and the medium and heavy weights 300c and 305c/kg. The feeder heifers sold from 250c to 290c with most averaging between 270c and 280c/kg.

As the numbers of young cattle suitable for the restockers continues to decline due to the few falls of rain the young cattle to the restockers continue to get dearer with the young steers selling to 338c and the young heifers 283c/kg.  Good numbers of young heifers weighing between 200kg and 280kg averaging 270c/kg.

Grown steers and heifers were 5c dearer with the grown steers selling to 293c and the good lines of well finished grown heifers sold from 260c to 277c with the heavy weights averaging 272c/kg. Grown steers to the feeders sold from 257c to 280c while the grown heifers to the feeders sold from 230c to 268c/kg.

Plain conditioned cows to the processors were 25c dearer while the better finished heavier cows were 11c/kg dearer. 2 score cows to the processors sold from 155c to 211c while the better 3 and 4 score cows sold from 200c to 259c with the prime heavy weights averaging 246c/kg. There were some good lines of Angus cows to suit the restockers and they sold at 50c plus dearer rates. The 2 score cows to the restockers sold from 140c to 218c/kg.

Bulls were 10c dearer with the better bulls selling from 243c to 261c/kg.

To view full NLRS report click here

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