Markets

Dubbo sale 12 July 2018: Young cattle prices lower

David Monk, 12/07/2018

Yarding 4870 Change -470

It was another typical drought yarding with large numbers of cows and young cattle in plain condition in another fairly large yarding of 4870 in a market that saw most sections sell pretty well.

Mixed throughout the yarding were fair numbers of well finished trade cattle and grown steers which were mostly grain assisted along with good numbers of cattle to suit the feeders. Most of the regular buying group were in attendance and operating with the exception of some restocker orders from both the north and south as destinations for young store cattle become increasingly hard to find.

NLRS advises the young cattle to the trade were up to 13c dearer with steer vealers selling from 322c to 326c while the prime heifer vealers sold from 250c to 322c/kg. The prime steer yearlings to the trade sold from 265c to 324c to average around 305c while the prime heifer yearlings sold from 245c to 315c/kg.

Lightweight feeder steers and feeder heifers were 10c to 15c cheaper while the heavier feeder steers were 7c/kg dearer. Feeder steers sold from 244c to 327c with the good number of lighter steers weighing between 280kg and 330kg averaging 271c while the heavier weights weighing between 330kg and 400kg averaged 303c/kg. The steers over 400kg averaged 313c with that weight steer becoming harder to find as the season remains dry. The feeder heifers sold from 178c to 296c with the light and medium weights averaging 261c and 272c while once again the limited number of heavier weights over 400kg averaged 291c/kg.

Young cattle to the restockers were up to 30c cheaper and more in places as the market becomes saturated with lightweight steers and heifers in store condition. The large numbers of steers to the restockers sold from 139c to 276c with the light calves less than 200kg averaging 213c while the heavier steer calves weighing between 200kg and 280kg averaged 235c/kg. The same pattern has developed as with the feeder cattle with the heavier weights averaging the most with the young steers weighing 280kg to 330kg averaging 265c/kg. The young heifers to the restockers sold from 128c to 260c with the lightweight calves less than 200kg averaging just 183c/kg.

Grown steers finished 1c to 4c cheaper with the prime medium and heavy weights selling from 275c to 300c with the medium weights weighing between 500kg and 600kg averaging 284c/kg. Grown heifers were a little dearer with the better types selling from224c to 283c/kg. Grown heifers to the restockers sold from 150c to 209c/kg.

Cows to the processors were 13c to 17c/kg dearer. 2 score cows sold from 117c to 215c while the better 3 and 4 scores sold from 182c to 253c with the prime heavy weights averaging 238c/kg. Limited numbers of cows to the restockers were cheaper selling from 75c to 181c/kg.

Bulls were 4c dearer with the better heavy weights selling from 219c to 242c/kg.

See full NLRS sale report here

 

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