Dubbo sale 13 Oct 2016: Large numbers pressure market levels

David Monk, 14/10/2016

Numbers were up by 2000 for a yarding of 6100. It was a very good quality yarding with pen after pen of prime cattle throughout the penning though there was not the percentage of vealers or cows compared to previous sales.

The bulk of the cattle continue to be sourced from relatively local districts with large number coming from the Nyngan and Warren areas. There were also consignments from Bobadah Tooraweenah and Coonamble along with the one consignment from Cobar.

With a number of roads still closed in a lot of the far western districts due to the wet conditions it is expected that numbers will remain high or even grow as access is allowed into those areas.

The larger numbers have finally put the pressure on market levels with most categories experiencing falls even though the bulk of the usual buyers were operating.

Young cattle to the trade were up to 30c cheaper with steer vealers selling from 331c to 394c with the heavier weights over 330kg averaging just 346c/kg. The prime heifer vealers sold from 340c to 378c with the heavier weights averaging 354c/kg. Prime steer yearlings to the trade sold from 320c to 381c with the steers over 400kg averaging 344c/kg. The prime heifer yearlings sold from 260c to 369c with the heavier weights here averaging just 321c/kg.

Young feeder cattle were 20c to 25c cheaper and more in places. Feeder steers sold from 322c to 392c with the large number of prime steers over 400kg going into the feedlots averaging 356c/kg. The feeder heifers sold from 260c to 367c/kg.

Young cattle to the restockers were the only highlight of the day for sellers which sold at dearer rates with young steers selling from 360c to 465c with the better bred lightweight Angus calves averaging 456c/kg. Young heifers to the restockers sold from 366c also to 465c/kg.

The quality of the bullocks was not quite to the standard of the previous sale however there were still lines of properly finished grown steers throughout the sale. Grown steers were 15c to 20c cheaper with the prime medium and heavy weights selling from 280c to 348c with the large number of medium weights weighing 500kg to 600kg averaging 322c/kg Export weight grown steers to the feeders sold from 298c to 368c/kg. Prime conditioned grown heifers sold from 280c to 328c to average 313c/kg.

Cows were 8c to 13c cheaper with the 2 and 3 scores selling from 180c to 248c/kg. The better 4 score heavy weight cows which were the majority sold from 232c to 270c to average 261c/kg.

It was a much better yarding of well-muscled heavy weight bulls and as a result the bulls were a little dearer selling from 255c to 287c/kg. Lightweight bulls to the processors sold to 324c/kg.



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