Markets

Dubbo sale 27 Sep 2018: Cows cheaper, young cattle dearer

David Monk, 28/09/2018

Yarding 2990 Change -860

Cows were cheaper but the young cattle to the restockers were dearer in a fluctuating market.

Numbers were back by almost 900 for a yarding of 2990. Once again there were large numbers of lightweight cattle in very plain condition though there was a better selection of trade cattle and grown steers all grain assisted. Cows were responsible for 35% of the yarding as the numbers keep rolling in and there were some good pens of ideal feeder cattle. Most of the cattle were sourced from local districts along with Wilcannia and Brewarrina consignments. Most of the regular processor and feeder buyers were operating however one major cow and grown steer buyer was absent. There were some fresh restocker orders from mainly locals who are buying young cattle and cows to go on failed crops.

NLRS Advises the young cattle to the trade were 10c cheaper with steer and heifer vealers to the trade selling from 253c to 270c while the prime yearlings sold from 248c to 290c/kg.

Heavy feeder steers over 400kg were 10c dearer while the lighter feeder steers and feeder heifers were 10c to 20c cheaper. Feeder steers sold from 210c to 321c with the lightweights averaging 243c/kg. The medium weight feeder steers averaged 265c while the heavy weights averaged 311c however there was only a small number that fitted into the heavy weight category. The feeder heifers sold from 212c to 250c with the light and medium weights averaging around 235c/kg.

With three or four extra buyers operating in the market young cattle to the restockers were up to 20c dearer with the young steers selling from 125c to 250c with lightweight calves averaging 180c and the heavier weights 235c/kg. The young heifers to the restockers sold from 114c to 224c with the lightweights averaging 162c and the heavier weights 189c/kg.

Competition for the grown steers was limited resulting in the grown steers selling at 12c to 15c cheaper rates with few to compare to in the previous sale. The prime medium and heavy weights sold from 277c to 282c/kg. Grown heifers were 12c cheaper with the better types selling from 200c to 256c/kg. There were a large number of grown heifers in very plain condition and they sold to the restockers from 126c to 192c/kg.

Plain conditioned cows to the processors were 10c to 14c cheaper while the better finished heavy weights were 25c/kg cheaper.1 and 2 score cows sold from 50c to 154c while the better 3 and 4 scores sold from 156c to 229c with the prime heavy weights averaging 215c/kg. Lightweight cows to the restocker finished 12c dearer while the heavier weight cows to the restockers were 8c to 11c cheaper. Cows to the restockers sold from 50c to 176c/kg.

Bulls were 4c cheaper with the better types selling from 212c to 241c to average 225c/kg. Young bulls to the restockers sold from 136c to 244c while the feeders paid from 188c to 220c/kg for young bulls.

To view full NLRS report click here

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