Markets

Dubbo sale 15 Dec 2016: Restocker demand strong for final 2016 sale

David Monk, 16/12/2016

Numbers were back considerably for the last sale for the year with a yarding of 2725.

It was a much plainer quality yarding with very limited numbers of prime conditioned cattle throughout the sale.

There were a large percentage of far western cattle with consignments from Bourke, Carinda, Brewarrina, Cobar and local districts.

Not all the regular buyers attended with the absence of both some processors and feeder orders.

MLA market information advises limited numbers of young cattle to the trade were 1c to 3c cheaper with vealers selling to 327c/kg.

Prime steer yearlings sold from 300c to 310c while the prime heifer yearlings sold from 276c to 340c with the heavier weights over 400kg averaging 298c/kg.

Despite the absence of some regular buyers young feeder cattle were close to firm with the feeder steers selling from 280c to 351c with the heavier weights over 400kg averaging 323c/kg. The feeder heifers sold from 280c to 336c with the heavier weights showing a slight increase in price averaging 299c/kg.

Restocker demand remains very strong with numbers of ideal young cattle to fatten remaining hard to find. Young steers to the restockers sold from 329c to 408c with the calves weighing between 200kg and 280kg averaging 385c/kg.

Once again there was solid support from the restockers on suitable lines of heifers to take on as breeders. Older heifers to the restocker sold from 268c to 354c with the restockers outbidding the processors to secure numbers on a number of occasions.

The quality of the grown steers yarded was much plainer than the previous sale. Despite the plainer quality of the yarding the few better quality steers that were in prime condition finished around firm with the prime medium weights weighing between 500kg and 600kg selling from 251c to 302c to average 293c/kg.

Grown heifers finished 5c cheaper with the prime medium and heavy weights selling from 255c to 294c to average around 285c/kg.

Cows were 15c cheaper with the 2 scores selling from 190c to 198c to the processors. The better 3 and 4 score cows to the processors sold from 205c to 242c with the 4 score heavy weights averaging 227c/kg. Two pens of local Black Baldy cows which were in forward condition sold to Broken Hill restockers for 232c and 244c/kg.

The bull market remained firm with the properly finished and better muscled heavy weight bulls selling from 225c to 282c to average 261c/kg.

The live exporters did not operate this week however the restockers did pay to 316c/kg for young bulls to grow out and fatten.

 

HAVE YOUR SAY

Your email address will not be published.

Your comment will not appear until it has been moderated.
Contributions that contravene our Comments Policy will not be published.

Comments

Get Beef Central's news headlines emailed to you -
FREE!