Markets

Dubbo Sale 22 Aug 2019: Southern restockers chase weaners

David Monk, August 23, 2019

Yarding 4840 Change -1173

Continued support from southern restockers on the large numbers of plain conditioned weaners saves the day again at Dubbo in a smaller yarding.

Numbers dropped by almost 1200 for a total yarding of 4840.

Young cattle lacking finish made up a large percentage of the yarding along with large numbers of cows. There was a pretty good selection of well finished trade cattle coming off crops or grain though there was only limited numbers of ideal feeders. There was a good selection of grown heifers though there was very few grown steers yarded. All the regular buyers were present along with continued solid support from southern restockers. The cattle were sourced from far and wide with consignments from Rylstone Broken Hill Coonamble Dunedoo Goondiwindi Barraba along with the expected local cattle. Two large consignments from the Coonamble district has resulted in another two properties in that district totally destocking as growers refuse to purchase any more fodder for their livestock and with no indication that there is any relief from the dry conditions in sight.

NLRS advises young cattle to the trade were 8c dearer with most of the support coming from southern processors and wholesalers. The prime steer yearlings sold from 302c to 342c with the medium weights averaging 314c while the heavy weight steers over 400kg averaged 327c/kg. The prime heifer yearlings sold from 260c to 314c/kg.

Most of the regular feeder buyers were operating with the exception of one southern operator not starting due to insufficient numbers of ideal cattle. Feeder steers were 4c to 9c dearer while the feeder heifers finished 4c to 6c/kg cheaper. The feeder steers sold from 267c to 326c with the large number of steers weighing between 280kg and 330kg averaging 291c while the heavy weights over 400kg averaged 315c/kg. The feeder heifers sold from 248c to 309c with the medium weights weighing between 330kg and 400kg averaging 279c/kg.

Due to solid support from buyers from Echuca South Australian Victoria and southern NSW young cattle to the restockers were up to 30c dearer and more in places. The young steers to the restockers sold from 200c to 319c with the large numbers of calves weighing less than 200kg averaging 250c while the heavier weight steers weighing between 200kg and 280kg averaged 274c/kg. The young restocker heifers sold from 179c to 266c/kg.

There were too few grown steers to quote with just two steers selling to the processors for 305c and 338c/kg. Grown steers to the feeders sold from 274c to 313c/kg. Grown heifers were 10c dearer with the better types selling from 283c to 334c/kg. Plainer conditioned grown heifers sold to the restockers raging in price from 148c to 242c/kg.

Cows to the processors were 5c to 8c dearer with once again the bulk of the support coming from southern operators. The 2 score cows sold from 156c to 224c with the good number weighing between 400kg and 520kg averaging 203c/kg. The better 3 and 4 score cows sold from 213c to 278c with the prime heavy weights averaging 263c/kg. The restockers and feeders were once again active on suitable lots with the restockers paying from 102c to 214c while the feeder buyers paid from 204c to 235c/kg.

Bulls were dearer with the well finished heavy weights selling from 228c to 294c/kg.

For full NLRS sale report click here

 

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