Markets

Dubbo sale 29 Nov 2018: Numbers back after rain

David Monk, 30/11/2018

Yarding 2420 Change 620

Following the good rains numbers were back considerably on the expected draw for a yarding of 2420. Despite the good rains and the smaller than expected yarding though most sections struggled to hold their levels compared to the previous sales strong market.

It was a plainer quality yarding with once again large numbers of cows though prime conditioned cows were in limited supply. There was a fair selection of feeder cattle though the grown steers were not to the standard of the previous sale. Most of the yarding was sourced from local districts along with a fairly large consignment from Menindee. There was also a large consignment of cows and grown heifers from the Yeoval district which were mostly in store condition. Most of the regular processor orders were operating though not all the regular feeder buyers were operating. There was though extra restocker orders in the markets which were mostly from the north.

NLRS advises the few young cattle to the trade were firm with prime heifer yearlings selling from 260c to 296c/kg.

The heavier feeder steers were firm while the lighter steers and feeder heifers were 7c to 11c/kg cheaper due to some buyers not operating having filled their orders earlier in the week. The feeder steers sold from 240c to 323c with the heavy weights averaging 315c and the lightweights 297c/kg. The feeder heifers sold from 230c to 283c with the medium weights averaging 266c and the heavy weights 280c/kg.

Following the excellent rains of up to 35mm in some districts the young restocker cattle were the shining light in the market selling at dearer rates. Young restocker cattle were up to 15c dearer in places with the young steers selling from 250c to 343c with the lightweights averaging 317c while the young heifers sold from 196 to 301c with the lightweights here averaging 273c/kg.

Grown steers were 10c cheaper with quality a factor. The prime medium and heavy weights sold from 260c to 287c with the medium weights averaging 285c/kg. Grown steers to the feeders sold from 230c to 311c/kg. Grown heifers were 12c cheaper with the better heifers selling from 227c to 255c/kg. Grown heifers to the feeders sold from 228c to 267c while good numbers of grown heifers to the restockers sold from 187c to 249c/kg.

Cows to the processors were 3c to 5c cheaper with the 2 scores selling from 120c to 195c with the 2 scores over 400kg averaging 189c while the better 3 and 4 scores sold from 190c to 227c with the prime heavy weights averaging 222c/kg. There were large numbers of suitable cows sold to the restockers which sold from 176c to 196c to average 191c/kg.

Bulls were a little dearer due to quality with the better muscled heavy weights selling from 212c to 241c/kg. A single pen of young bulls sold to the restockers for 248c while the feeders paid 239c for a pen of young bulls to feed.

To view full NLRS report click here

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