Markets

Dubbo sale 22 Feb 2018: Solid market for better quality yarding

David Monk, 23/02/2018

Despite the continuing dry conditions numbers were back by almost 1500 for a yarding of 3665.

It was a better quality yarding than the previous sale with better numbers of young cattle to suit the feeders along with some good runs of well finished grown steers. Cows were also once again well supplied.

There was still a fair percentage of the yarding though that are being sold due to the lack of feed and water.

Included in the yarding were some large consignments from the Broken Hill district which included cows in store condition along with their young calves.

Most of the regular buyers were in attendance along with the return of a northern feeder operator. With smaller numbers at most major centres throughout the week most operators were keen to secure numbers which created a solid market in all sections.

NLRS advise that the few young cattle to the trade were around firm with vealers selling to 278c and prime yearlings selling from 240c to 277c/kg.

Feeder steers and heifers were 4c to 6c dearer with the feeder steers selling from 246c to 292c with the steers over 400kg averaging 282c while the lighter weights averaged 279c/kg. The feeder heifers sold from 230c to 277c with the lighter weights weighing between 330kg and 400kg averaging 260c/kg.

Young cattle to the restockers continue to sell well with a number of growers still taking the option to sell their older cattle and replace them with weaners. Young steers to the restockers sold from 261c to 378c with the lightweights less than 200kg averaging 334c/kg. Young heifers to the restockers sold from 238c to 335c with the lightweights averaging 290c/kg.

Grown steers sold to solid competition from the two major export processors. The grown steers finished 7c to 13c dearer with the prime medium and heavy weights selling from 246c to 276c with the large number of medium weights weighing between 500kg and 600kg averaging267c /kg. Grown heifers were 14c dearer with the heavy weights over 540kg selling from 225c to 258c to average 248c/kg.

Cows to the processors were 7c to 9c dearer with some of the secondary cows enjoying rises of up to 13c/kg. The 2 and 3 score cows sold from 158c to 210c while the prime heavy weights sold from 195c to 215c to average 209c/kg. Fair numbers of cows to the restockers were up to 18c dearer selling from 166c to 194c with most of the support coming from southern highland buyers.

Bulls were 4c dearer with the properly finished and better muscled heavy weights selling from 240c to 250c/kg to average 244c/kg. Young bulls to the restockers sold from 250c to 278c/kg.

 

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