Markets

Dubbo sale 16 June 2016: Numbers double with western cattle

Graeme Richard, 16/06/2016

Numbers nearly doubled to 2716 and the quality was mixed with a larger percentage of western cattle offered.

Feeders were again strong on all categories and competition was strong against processors on suitable lines. Yearlings made up the bulk of the yarding and there was a small but better run of grown steers and bullocks. Around 400 cows were also penned before a near full buying gallery. The market trend was dearer.

Trade vealers were limited and reached 328c/kg. Light restocking steers ranged from 322c to 382c/kg. MLA markets reported feeder steers lifted 10c to 15c on the medium weights with heavy feeders remaining fully firm. Feeder heifers were very strong lifting 15c to 20c/kg. Steers sold from 325c to 370c averaging 361c/kg and heifers 311c to 339c/kg. Trade steers and heavy heifers eased as processors were pushed out by the higher feeder rates. Medium weight trade heifers gained 8c as an order had to be filled. Medium weight trade heifers averaged 338c/kg. Trade steers sold between 325c and 360c/kg and heavy heifers 300c to 343c averaging 319/kg.

Grown steers and bullocks gained 15c with numbers and quality improving with the better covered 4 scores selling from 324c to 338c/kg.

The better shaped grown heifers under 540kg averaged 288c/kg gaining 25c but most of these sold were 2 and 4 tooth heifers. Medium weight cows were 3c to 8c dearer and were firm on the heavy cows. The 2 score medium weights ranged from 230c to 245c/kg. Heavy 3 and 4 scores 242c to 271c/kg to averaged 258c/kg. the best of the heavy bulls reached 275c/kg.

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