Markets

Dubbo sale 21 June 2018: Prices hold ground

David Monk, 22/06/2018

Yarding 5820 Change 990

Despite the increase in numbers most sections held their ground in a pretty solid market.

Number lifted by almost 1000 for a total of 5820. It was a fair quality yarding with odd lots of well finished trade cattle along with a pretty good selection of feeder cattle. There was a very limited selection of grown steers and once again there was large numbers of cows and young calves as some growers are making the decision to continue to offload their young calves rather than feeding as the seasonal conditions continue to remain tough. Most of the regular buyers were in attendance and operating along with once again good support from southern restockers.

NLRS advises the young cattle to the trade were 7c to 10c dearer with the steer vealers selling from 302c to 309c while the heifer vealers sold from 268c to 287c/kg. The prime steer yearlings to the trade sold from 255c to 295c with the heavier weights averaging 287c while the few prime heifer yearlings sold from 270c to 295c/kg.

Ideal Angus steers to the feeders remain very keenly sought after and sold at 6c/kg dearer rates. The crossbred steers to the feeders though were 4c/kg cheaper. There was a better selection of heifers suitable for the feeder and they were 8c/kg dearer. Feeder steers sold from 240c to 326c with the lightweights averaging 262c while the medium weights weighing between 330kg and 400kg averaged 290c/kg. The heavier weight feeder steers over 400kg averaged 299c/kg. The feeder heifers sold from 214c to 285c with the good number of medium weights averaging 256c and the heavy weights 268c/kg.

Despite solid support from southern restockers along with a little bit of northern support young cattle to the restockers were 10c cheaper. The good numbers of young calves less than 200kg sold from 180c to 316c to average 252c while the heavier calves weighing between 200kg and 280kg averaged 263c/kg. The young heifers going back to the paddock sold from 150c to 246c with the lightweights averaging 202c and the heavier weights 215c/kg.

The few grown steers yarded were 12c cheaper with the prime medium weights selling from 260c to 280c to average 270c/kg. The grown steers to the feeders were dearer selling from 274c to 316c/kg. There was a better selection of grown heifers which were 12c dearer with the better types selling from 233c to 276c to average 261c/kg.

Plain conditioned lightweight cows to the processors were 5c to 7c cheaper with the 2 scores selling from 88c to 169c while the better finished heavier weight cows were 3c to 7c dearer with the 3 and 4 scores selling from 155c to 215c with the prime heavy weights averaging 203c/kg. The plainer conditioned cows to the restockers were up to 20c cheaper selling from 70c to 147c/kg.

Bulls finished 2c dearer with the better heavy weight bulls selling from 214c to 235c to average 224c while young bulls to the feeders and restockers sold from 170c to 202c/kg.

To view full NLRS market report for Dubbo click here

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