Markets

Dubbo sale 16 Aug 2018: Cows to restockers lift

David Monk, 17/08/2018

Yarding 6350 Change 1610

The cow market is certainly the highlight at the moment with plain conditioned cows to the restockers lifting by as much as 25c and the better finished cows to the processors holding their own selling at firm rates.

Numbers were up by 1600 for a yarding of 6350. Once again there were large numbers of cows and young calves lacking finish as growers move into the next age bracket of their cows as the selloff continues. There were a few pens of well finished trade cattle along with some well finished grown steers all grain assisted and an odd pen off crops. All the regular processor orders were in place though not all the regular feeder buyers were operating. There were also some of the regular restocker buyers absent as they start to fill orders to saturation point.

NLRS advises the young cattle to the trade which commenced the market on a firm note lost momentum as the sale progressed finishing up to 12c cheaper. There were no prime vealers to quote.  Prime steer yearlings sold from 245c to 307c which was paid for grain assisted Limousins. The medium weight steers averaged 291c and the heavy weights 271c/kg. The prime heifer yearlings sold from 193c to 299c which was also paid for prime Limousins with the medium weights averaging 248c/kg.

Feeder steers were 5c to 10c cheaper while the feeder heifers were up to 20c/kg cheaper. Feeder steers sold from 187c to 291c with the medium weights averaging 253c and the heavy weights 265c/kg. The feeder heifers sold from 164c to 268c with the lightweights averaging 220c and the medium weights 239c/kg.

Lightweight young cattle to the restockers were up to 25c cheaper with the young steers selling from 70c to 272c/kg. The large number of steer calves less than 200kg averaged 178c while the young heifers sold from 30c to 238c with the heifers less than 200kg averaging just 139c/kg.

The few grown steers were a little dearer with the prime medium weights selling from 265c to 293c to average 275c/kg. Grown steers to the feeders were mostly cheaper selling from 204c to 278c/kg. A very limited selection of grown heifers in prime condition sold at fairly similar rates selling from 220c to 264c/kg.

Plain conditioned cows to the processors were up to 10c dearer while the better finished cows were firm. 2 score cows to the processors sold from 71c to 170c while the better 3 and 4 scores sold from 139c to 225c with the prime heavy weights averaging 205c/kg. There were large numbers of ideal restocker cows in plain condition as the age of the cows available is getting younger. These young cows to the restockers were up to 25c dearer selling from 71c to 169c/kg.

Bulls were up to 15c cheaper mainly quality related. The better heavy weight bulls sold from 170c to 226c while young bulls to the restockers sold from 80c to 142c/kg.

To view full NLRS report click here

 

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