Markets

Dubbo sale 14 June 2018: Prices strengthen as numbers ease

Guest Author, 15/06/2018

Yarding 4830 Change 1295

Most sections of the market enjoyed stronger results as numbers decline at most major saleyards throughout the state which is indicating that the numbers may really be starting to run short.

Numbers did lift for this sale though for a total of 4830 which is not a large yarding compared to around three weeks prior. Once again cows and young cattle lacking finish made up a large percentage of the yarding as the dry conditions continue. There were a few pens of well finished trade cattle along with some good quality feeder cattle. There were also a few pens of well finished grown steers which have had grain assistance. All the regular buyers were operating in a solid market along with additional restocker support from a few extra southern operators.

NLRS advises the few young cattle to the trade were 8c dearer with the prime steer vealers selling from 290c to 292c while the heifer vealers sold from 250c to 275c/kg. The prime steer yearlings sold from 262c to 295c while the heifer yearlings sold to 281c/kg.

The better quality feeder cattle were 10c dearer depending on breed while the plainer types and crossbreds were up to 15c/kg cheaper as the market fluctuated considerably depending on breed and quality. The feeder steers sold from 255c to 320c with the large number of medium weights weighing between 330kg and 400kg averaging 290c while the feeder heifers sold from 210c to 284c to average around 240c/kg.

Young cattle to the restockers were firm to dearer with some very good quality Hereford and Hereford Angus cross calves consigned from a renowned breeder from the Narromine district.  The young steers sold from 210c to 333c with the lightweights less than 200kg averaging 269c and the heavier weight calves weighing between 200 and 280kg averaging 255c/kg. The young heifers to the restockers sold from 180c to 300c with the lightweights averaging 226c/kg.

The few grown steers were 7c dearer with the prime medium weights selling from 255c to 292c to average 289c/kg. Grown heifers were firm with the better types selling from 228c to 273c/kg. Once again there were good numbers of grown heifers in store condition which sold to the restockers at dearer rates ranging in price from 136c to 195c/kg.

Plainer conditioned cows to the processors were 10c to 15c dearer while the properly finished cows were 3c/kg dearer. 2 score cows sold from 110c to 162c with the cows weighing between 400kg and 520kg averaging 144c/kg. The better 3 and 4 score cows sold from 140c to 205c with the prime heavy weights averaging 192c/kg. 2 score cows to the restockers were considerably dearer with solid support coming from southern buyers. The restockers paid from 78c to 168c with the large number weighing between 400kg and 500kg averaging 133c/kg.

Bulls to the processors were dearer with the better types selling from 219c to 234c/kg. Young bulls to the restockers sold from 155c to 220c/kg.

To view full NLRS market report for Dubbo click here 

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