Markets

Dubbo sale 11 Oct 2018: Healthy gains in smaller yarding

David Monk, 12/10/2018

Yarding 1375 Change -785

Last weeks fantastic rains combined with some patchy falls throughout this week has certainly given people a little confidence to hold onto their remaining cattle.

The numbers fell this week by 800 for a total yarding of just 1375 which is a small yarding for Dubbo. The smaller yarding did arouse extra interest from the buyers with all sections enjoying healthy market gains.

It was a mixed yarding with a much better selection of feeder cattle along with a reasonable selection of trade cattle compared to a very plain yarding in the previous sale. Cows were still responsible for 25% of the yarding and there were still plenty of plain conditioned young cattle for the extra restocker orders. Most of the regular buyers were in attendance and operating.

NLRS advises the young cattle to the trade were 5c to 10c dearer with the prime steer yearlings selling from 253c to 308c while the prime heifer yearlings sold from 240c to 265c/kg.

Feeder cattle were up to 20c dearer and more in places with the better quality of the yarding assisting in the rise. The feeder steers sold from 265c to 302c with the medium and heavy weights averaging 292c/kg. The feeder heifers sold from 210c to 281c to average 257c while a small number of heavier weights averaged 271c/kg./kg.

Young cattle to the restockers were also considerably dearer with extra buyers in attendance competing solidly in the smaller yarding. The young steers sold from 170c to 305c with the medium weight steers weighing between 280kg and 330kg averaging in excess of 300c/kg. The young heifers to the restockers sold from 128c to 246c with the lightweights averaging 228c/kg.

A small pen of medium weight grown steers were dearer selling to 288c with solid competition from two major export processors. There were fair numbers of well finished grown heifers which also sold to solid competition from the same buyers with the better types selling from 250c to 268c/kg. Some very light plain conditioned grown heifers sold to the restockers who paid from 138c to 148c/kg.

Plainer conditioned cows to the processors were up to 14c dearer while the properly finished cows were 5c/kg dearer. 2 score cows sold from 130c to 187c while the better 3 and 4 scores sold from 180c to 250c for a single C muscle Limousin cow.  The prime heavy weight cows averaged 235c/kg. The restockers were active on suitable lots of lightweight cows which sold from 40c to 166c/kg.

Bulls were 5c dearer with the well finished heavier weights selling from 210c to 262c/kg. The restockers paid from 175c to 288c/kg for a small number of young bulls.

To view full NLRS report click here

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