Dubbo sale 17 May 2018: Prices lift with processor competition

David Monk, 18/05/2018

Yarding 6940 Change 3000

The cow market and the grown steer market both lifted with solid support coming from both northern and southern processors. The cow market enjoyed gains of up to 6c while the grown steers lifted by as much as 12c/kg.

The overall numbers were up considerably lifting by 3000 for a total of 6940 as the drought conditions continue. Cows and young cattle lacking finish once again made up the bulk of the yarding. There were odd lots of well finished trade cattle and grown steers which have had grain assistance. There were very few far western cattle yarded with most of the penning sourced from local districts. All the regular processor and feeder operators were present along with some extra restocker support from the south with some buyers attending from Shepparton.

MLA advises that the young cattle to the trade were 2c dearer with prime steer vealers selling from 275c to 311c while the prime heifer vealers sold from 250c to 313c/kg. The prime steer yearlings sold from 259c to 300c with the heavy weights over 400kg averaging 292c while the properly finished heifer yearlings to the trade sold from 254c to 290c /kg.

 Feeder steers were firm for the lighter weights while the heavier weights were 9c/kg stronger. The feeder heifers were mostly dearer particularly for the lighter weights. The feeder steers sold from 240c to 305c with the heavier weights averaging 290c while the feeder heifers sold from 210c to 271c/kg.

Young restocker cattle were firm to 4c cheaper with the young steers selling from 200c to 302c with most weight categories averaging around 255c/kg. The young heifers to the restockers sold from 160c to 250c/kg.

There were some excellent pens of properly finished grown steers yarded which have had grain assistance. The grown steers finished up to 12c dearer with the prime medium and heavy weights selling from 255c to 293c with the heavy weights averaging 283c and the medium weights 279c/kg. Grown heifers were up to 8c dearer with the better types selling from 215c to 262c/kg. There were large numbers of two four and six tooth heifers throughout the yarding which presented in very plain condition. They sold to the restockers for between 131c and 220c/kg.

Cows to the processors were 3c to 6c dearer with the 2 scores selling from 93c to 164c while the better 3 and 4 scores sold from 140c to 224c for C muscle Charolais cows. The prime heavy weight cows averaged 203c/kg. Once again there was good number of cows to suit the restockers however not all the regular buyers were operating. Plain conditioned cows to the restockers were up to 12c cheaper selling from 56c to 153c

Bulls sold at fairly similar rates with the better heavy weight bulls selling from 212c to 229c/kg.

To read full NLRS report click here


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