Markets

Dubbo Sale 27 June 2019: 20c/kg lift as Sthn processors add support

David Monk, June 28, 2019

Yarding 5160 Change 0

Cows were the big improvers in the sale lifting by as much as 20c/kg with solid support coming from southern export processors.

Numbers remained the same with a mixed yarding of 5160.There were a few lots of well finished trade cattle off crops or grain along with only a couple of pens of well finished grown steers and heifers. Once again there were large numbers of weaners in plain condition as the selloff continues and there were also very large numbers of cows. The bulk of the cattle were sourced from local districts along with some consignments from Moree and Denman. It is wondered how long the large yardings can continue with some districts such as the Warren and Nyngan districts claiming they are down to less than 30% of the usual size herd that those districts had become used to. All the regular buyers were operating along with extra restockers from southern NSW Victoria and South Australia which certainly helped the struggling restocker market for the large numbers of store conditioned weaners.

NLRS advises the better selection of young cattle to the trade were 14c dearer with the prime steer yearlings selling from 255c to 325c with the heavier weights averaging 303c/kg. The prime heifer yearlings sold from 245c to 323c to average 288c/kg.

Feeder steers were 15c dearer while the feeder heifers finished firm to 4c/kg dearer. The feeder steers sold from 252c to 324c with the light and medium weights averaging 285c while the heavy weights averaged 314c though there was not large numbers of the heavier weights to quote. The feeder heifers sold from 230c to 291c with the light and medium weights averaging 251c and 261c while the few heavier weights averaged 280c/kg.

With the extra support from the fresh buyers from the south the young restocker cattle rallied compared to the cheaper market in the previous sale. Young restocker cattle were 10 c to 13c dearer with the young steers selling from 204c to 292c with the calves weighing between 200kg and 280kg averaging 260c while the young heifers sold from 148c to 255c with the same weight heifer calves averaging 215c/kg.

The few grown steers were firm with the prime medium weights selling to 310c/kg.  Grown heifers were 10c dearer with the better types selling from 273c to 292c to average 289c/kg. There were good numbers of grown heifers in store condition and they sold to the restockers who paid from 90c to 229c/kg.

Cows to the processors were 10c dearer for the plainer types and 17c to 20c/kg dearer for the better finished cows with most of the support coming from the southern processors. 2 score cows sold from 123c to 197c with the good number of cows weighing between 400kg and 520kg averaging 164c while the better 3 and 4 scores sold from 170c to 263c with the prime heavy weights averaging 238c/kg. There was solid support from the southern restockers on the plain conditioned cows and they sold at 10c/kg dearer rates. The 2 score cows to the restockers sold from 123c to 182c/kg.

Bulls were around firm with the better heavy weights selling from 205c to 226c to average 217c/kg./kg.

For full NLRS sale report click here

 

HAVE YOUR SAY

Your email address will not be published. Required fields are marked *

Your comment will not appear until it has been moderated.
Contributions that contravene our Comments Policy will not be published.

Comments

Get Beef Central's news headlines emailed to you -
FREE!