Markets

Dubbo sale 26 Apr 2018: Prices rally after cheaper sales

David Monk, 27/04/2018

Yarding 4700 Change -1275

Most sections rallied, selling at dearer rates compared to the previous sales cheaper market.

The feeder heifers were the stand out lifting by as much as 30c/kg. Despite numbers falling by 1275 the selloff continues due to the season with a total yarding of 4700.Young cattle and cows were the majority in a mostly plain quality yarding with only limited numbers of prime cattle in all sections. All the regular buyers attended along with additional restocker support from Cunnamulla in Queensland along with an extra feeder order from the south.

NLRS advises that the limited numbers of vealers to the trade buyers were close to firm while the few prime yearlings were 8c dearer. Steer vealers to the trade sold from 268c to 285c while the prime heifer vealers sold to 277c/kg. Prime steer yearlings sold from 270c to 295c while the properly finished heifer yearlings to the trade sold to 276c/kg.

Feeder steers were 3c to 5c cheaper with only limited numbers of ideal Angus steers to suit. The feeder heifers in contrast were up to 30c dearer with additional support from a southern operator. The feeder steers sold from 250c to 298c with the large number of medium weights weighing between 330kg and 400kg averaging 278c/kg. The feeder heifers sold from 220c to 278c with the lighter weights averaging 262 and the medium weights 255c/kg.

Young restocker cattle were up to 20c dearer with solid support from the Queensland buyers on both steers and heifers. The young steers sold from 246c to 312c with the large number weighing between 200kg and 280kg averaging 286c while the young heifers to the restockers sold from 181c for plain crossbreds to 264c with the good number of calves weighing between 200kg and 280kg averaging 250c/kg.

There were too few grown steers to form an accurate quote though the few prime medium and heavy weights sold from 268c to 270c while the grown steers to the feeders sold from 220c to 281c/kg. Grown heifers were 5c dearer with the better shaped medium and heavy weights selling from 216c to 264c/kg. Once again there were good numbers of grown heifers in plain condition which sold to the restockers from 143c to 203c/kg.

Cows to the processors were 2c to 5c dearer with the 2 scores selling from 123c to 165c while the better 3 and 4 scores sold from 148c to 221c for a C muscle cow. The prime heavy weight cows averaged 202c/kg. There were good numbers of cows going to the restockers in fact around 33% of the total cows yarded went back to the paddock. Cows to the restockers were mostly around 6c cheaper selling from 80c to 144c to average 118c/kg.

Bulls to the processors were up to 12c cheaper with the better muscled heavy weights selling from 200c to 246c/kg. There were good numbers of young bulls to suit the restockers which were cheaper selling from 168c to 268c/kg.

To view the full NLRS report of the Dubbo saleĀ click here

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