Markets

Dubbo sale 24 May 2018: Weaner selloff saturates market

David Monk, 25/05/2018

Yarding 5540 Change -1400

Large numbers of lightweight cattle to the restockers were as much as 50c/kg cheaper with the market becoming saturated with weaner cattle as the selloff continues due to the dry.

Numbers were back by 1400 for a total of 5540. It was another typical drought yarding with large numbers of cows and young calves. There were odd lots of well finished trade cattle along with some good pens of cows. The bulk of the yarding though was made up of cattle in store condition and the feeder quality was much plainer compared to previous sales. Once again the bulk of the yarding was sourced from local districts with only a couple of far western consignments. Most of the regular buyers attended along with a couple of additional restocker orders from Shepparton and Wodonga in the south.

NLRS advises the very best of the young cattle to the trade were firm most though were up to 7c cheaper with prime steer vealers selling from 270c to 320c while the prime heifer vealers sold from 240c to 282c/kg. The prime steer yearlings sold from 265c to 313c while the heifer yearlings sold to 270c/kg.

Feeder cattle were 8c to 14c cheaper with the plainer quality available having an effect in fact there were no lines of ideal Angus steers or heifers to suit. Feeder steers sold from 220c to 298c with the lightweights weighing between 330kg and 400kg averaging 271c/kg. The feeder heifers sold from 207c to 273c with the lightweights here averaging 252c/kg.

Lightweight cattle to the restockers under 280kg were up to 50c cheaper while the heavier weights were close to firm due to the southern restocker support. Young steers to the restockers sold from 120c to 279c with the calves less than 200kg averaging 203c and the heavier weights weighing between 200kg and 280kg averaging 222c/kg. The young heifers to the restockers sold from 110c to 251c with the lightweights averaging just 178c/kg.

There were too few grown steers to provide an accurate quote. Grown heifers were 8c dearer with the better types in prime condition selling from 226c to 266c/kg. Once again there were good numbers of two four and six tooth heifers in store condition which sold to the restockers who paid from 142c to 200c/kg.

Cows were firm to 2c dearer. 2 score cows to the processors sold from 58c to 178c while the better 3 and 4 score cows sold from 134c to 219c with the prime heavy weights averaging 203c/kg. Plain conditioned cows to the restockers sold from 40c to 143c/kg.

Bulls were 5c cheaper with the better heavy weights selling from 199c to 235c/kg. A small number of bulls to the restockers sold from 100c to 162c/kg.

To read full NLRS reportĀ click here

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