Dubbo sale 2 August July 2018: Qld restocker support lifts market

David Monk, 03/08/2018

Yarding 5460 Change -340

Extra restocker support from Queensland operators created solid competition for the large numbers of young cattle in store condition lifting the market by 10c to 15c and more in places. It is the first rise in the market for these young cattle for some time.

Numbers dropped by 350 for a yarding of 5460 which was considerably less than the expected draw. It was a better quality yarding with a couple of large consignments of trade weight cattle coming off irrigated pasture. There was though still large numbers of lightweight cattle in store condition and large numbers of cows as people continue to offload as we experience another week of harsh drought conditions. Most of the regular processor and feeder operators were operating along with additional restocker support from the north.

NLRS advises trade cattle were firm for the very best and 5c to 11c cheaper for most. Steer vealers sold to 280c while the prime heifer vealers to the trade sold from 268c to 319c/kg. The prime steer yearlings sold from 260c to 310c while the heifer yearlings sold to 275c/kg.

Feeder steers and lightweight feeder heifers were up to 28c cheaper while the heavier heifers were close to firm. Feeder steers sold from 228c to 318c with all weight ranges averaging around 283c/kg. The feeder heifers sold from 180c to 279c with the lightweights averaging 237c and the medium weights 272c/kg.

Large numbers of young cattle to the restockers were 10c to 15c dearer with the young steers selling from 134c to 268c with the lightweights less than 200kg averaging 191c and the heavier weights weighing between 200kg and 280kg averaging 236c/kg. The young heifers to the restockers which outnumbered the steers by double sold from 110c to 230c/kg. The lightweights averaged 180c and the heavier weights averaged 203c/kg.

The few grown steers were up to 13c cheaper with the prime medium weights selling from 256c to 284c to average 278c/kg. The restockers paid from 134c to 226c for grown steers while the feeders paid from 246c to 290c/kg. Grown heifers were around firm with the better types selling from 243c to 275c/kg.

Plain conditioned cows to the processors were 40c to 60c cheaper while the better finished cows were 15c to 20c cheaper. 2 score cows to the processors sold from 55c to 140c to average 118c while the better 3 and 4 scores sold from 145c to 225c with the prime heavy weights averaging 201c/kg. Plain conditioned cows to the restockers were up to 65c cheaper with the better types selling from 55c to 140c/kg.

  Bulls were up to 20c cheaper with the bettered muscled and properly finished heavy weights selling from 190c to 224c to average 214c/kg. Young bulls to the restockers sold from 80c to 190c/kg.

For full NLRS report click here


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