Markets

Dubbo sale 17 Jan 2018: Prices ease with hot dry conditions

David Monk, January 18, 2019

Yarding 3075 Change -425

Not all the regular buyers were operating or competing as strongly resulting in a cheaper market in all sections.

With the cheaper markets throughout the week combined with the very hot conditions numbers were back by 425 for a yarding of 3075.

The feeling is this number could have been a lot larger if the weather had been cooler as a number of people have to sell due to the lack of feed and water.

The quality of the yarding was only fair with the bulk of the cattle sourced from local districts along with only a couple of consignments from the far west.  Cows made up a large percentage of the yarding providing approximately one third of the total cattle yarded. There were good numbers of yearlings which were mostly suitable for the feeders and restockers. There were only a few pens of properly finished grown steers yarded however there was good numbers of grown heifers a number of which were being sold as they had been pregnancy tested empty. Whilst there were some normal processor and feeder buyers absent there was an additional northern cow processor operating along with an extra couple of small feeder orders in place.

NLRS advises young cattle to the trade were 15c cheaper with the prime steer yearlings selling from 248c to 270c while the prime heifer yearlings to the trade sold from 225c to 265c/kg.

Feeder cattle were 25c to 30c cheaper for most with some of the lighter steers experiencing larger falls. The feeder steers sold from 224c to 286c with the light weights averaging 234c and the medium weights 242c/kg. The heavier weight feeder steers averaged 264c/kg. The feeder heifers sold from 184c to 255c with the light and medium weights averaging around 229c while the heavy weights averaged 242c/kg.

Young restocker cattle were 10c to 20c cheaper and more in places as most local areas continue to struggle for feed and water. The young steers to the restockers sold from 165c to 269c while the young restocker heifers sold from120c to 214c/kg.

Grown steers were considerably cheaper with quality a factor. The prime medium and heavy weights sold from 231c to 260c to average around 255c/kg. Grown steers to the feeders sold from 217c to 279c while the restockers paid from 192c to 212c/kg. Grown heifers were 15c cheaper with the better types selling from 225c to 242c while the restockers paid from 160c to 217c for suitable heifers.

Cows were 22c cheaper with the 2 scores to the processors selling from 110c to 163c while the better 3 and 4 score cows sold from 150c to 199c with the prime heavy weights averaging 195c/kg. There was a good restocker order from the south operating with the restockers paying from 104c to 170c/kg.

 Bulls were up to 20c cheaper with the better bulls selling from 175c to 225c/kg.

To view full NLRS report click here

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