Markets

Dubbo sale 24 Aug 2017: Yearling steer and heifer prices lift

David Monk, 25/08/2017

Numbers lifted by 500 for a yarding of 4360. It was a mixed yarding with a good selection of well finished cattle from local districts which had been grain or crop assisted along with a large presence of unfinished cattle in from the far west.

There were particularly large numbers of cows and young calves and bulls as growers make the hard decision to sell off due to the ongoing dry conditions. Far western consignments included loads from White Cliffs, Broken Hill, Canbelego, Bourke, Wanaaring, and Menindee.

Vealers to the trade were cheaper mainly due to the variation in quality while the steer yearlings were firm to 4c dearer. Heifer yearlings to the trade were 10c to 14c dearer. Prime steer vealers to the trade sold from 300c to 340c to average around 314c while the heavier prime heifer vealers sold from 290c to 317c/kg.  The prime yearlings to the trade sold from 260c to 310c for the steers with the heavier weights over 400kg averaging 285c/kg. The prime heifer yearlings sold from 260c to 295c averaging 280c/kg.

Feeder steers finished firm to 3c dearer selling from 260c to 319c with the better finished heavy weights over 400kg averaging 297c/kg. Limited numbers of ideal feeder heifers were up to 8c cheaper with quality playing a part in the cheaper market. The feeder heifers sold from 240 to 290c/kg.

The solid support from southern restockers continued with the young calves selling at similar rates. Young steers to the restockers sold from 249c for very plain quality calves to 340c/kg for well-bred Angus calves. Young heifers returning to the paddock sold from 228c to 354c/kg.

Grown steers commenced on a dearer note but eased as the sale progressed finishing firm to 2c cheaper. The prime medium and heavy weights sold from 260c to 296c with the large number of medium weights weighing between 500kg and 600kg averaging 275c/kg. Limited numbers of grown heifers finished 5c dearer selling from 238c to 266c/kg.

Cows were 6c to 9c cheaper compared to the previous sales dearer market. The 2 score cows to the processors sold from 140c to 200c with the restockers paying from 150c to 191c/kg. The better 3 and 4 score cows to the processors sold from 190c to 250c with the prime heavy weights averaging 235c/kg.

Bulls were 9c dearer with the well-muscled prime heavy weights selling from 230c to 265c/kg. With the large influence of far western cattle there were large numbers of young bulls in the yarding most of which sold to the restockers. The restockers paid from 227c to 277c while the feeders paid from 210c to 234c/kg for a small number of suitable types.

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