Markets

Dubbo sale 21 Mar 2019: Showers boost market

Beef Central, March 22, 2019

Yarding 2810 Change -365

A shower of rain almost a week ago and the forecast for the chance of more rain in the next few days combined with the smaller yardings resulted in a stronger market in all sections with some people saying it is the largest turn around in the market they have witnessed.

Numbers were back by 370 for a yarding of 2810. It was a fair quality yarding with a good selection of young trade cattle along with good numbers to suit the feeders. Cows and young calves were well supplied and there were some good runs of well finished grown steers and heifers. The bulk of the cattle were sourced from local districts with only a couple of far western consignments one of which was a large load of young Hereford calves from South Australia. All the regular processors were operating along with most of the regular feeder buyers though a couple of northern feeders chose not to operate. An extra southern restocker buyer put extra life in the large number of young cattle suitable for the restockers.

NLRS advises the young cattle to the trade were 20c dearer with the prime steer yearlings selling from 244c to 307c with the heavy weights over 400kg averaging 266c while the prime heifer yearlings sold from 217c to 278c/kg.

Feeder steers were 30c to 35c dearer while the feeder heifers were 11c to 18c/kg dearer. The feeder steers sold from 223c to 292c with the medium weights averaging 273c and the heavy weights over 400kg averaging 278c/kg. The feeder heifers sold from 170c to 259c with the lightweights weighing between 280kg and 330kg averaging 217c and the heavier weights weighing between 330kg and 400kg averaging 227c/kg.

Young cattle to the restockers were 30 to 40c dearer with the young steers selling from 150c to 270c with the calves weighing less than 200kg averaging 210c while the young restocker heifers sold from 100c to 224c with the lighter calves here averaging 194c/kg.

Grown steers were 11c dearer with the prime medium and heavy weights selling from 230c to 270c with the steers weighing between 600kg and 750kg averaging 268c while the lighter weight steers weighing between 500kg and 600kg averaged 258c/kg. Grown steers to the feeders sold from 221c to 270c/kg. Grown heifers were 14c dearer with the better types selling from 230c to 252c with the heavy weights over 540kg averaging 239c/kg. Grown heifers to the restockers sold from 145c to 227c/kg.

Cows to the processors were 35c to 40c dearer with the 2 scores selling from 110c to 165c with the cows weighing between 400kg and 520kg averaging 143c/kg. The better 3 and 4 score cows sold from 145c to 214c with the prime heavy weights averaging 203c/kg. Cows to the restockers were also considerably dearer selling from 124c to 144c/kg.

Bulls were 15c dearer with the better muscled prime heavy weights selling from 204c to 224c to average 216c while young bulls to the restockers sold from 150c to 200c/kg.

To view full NLRS report click here

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