Markets

Dubbo sale 31 Mar 2016: Restocker prices ease

David Monk, 01/04/2016

Numbers were reduced by 800 compared to the sale of two weeks prior for a yarding of 3560.It was a fair to good quality yarding with a good selection of prime young cattle though there were not the numbers of ideal feeders compared to previous sales. Cows and bullocks were also well supplied with most of the cattle yarded coming from relatively local districts. There was not the large influence of far western cattle compared to previous sales though there were still consignments from Broken Hill Cobar and Fords Bridge.

MLA market information states the vealers and steer yearlings to the trade were 2c to 5c dearer while the heifer yearlings were 5c cheaper. Steer vealers to the trade sold from 276c to 330c with the heavier weights over 330kg averaging 322c while the heifer vealers sold from 286c also to 330c/kg. The prime steer yearlings sold from 268c to 325c with the heavier weights over 400kg averaging 302c/kg. The prime heifer yearlings sold to 322c with the heavier weights there averaging 283c/kg.

Young feeder cattle were 12c to 15c cheaper for most with some of the lighter lines experiencing greater falls. There was far less competition from Norther feedlotters compared to previous sales with operators reporting cheaper markets in the North.  The feeder steers sold from 268c to 319c with the heavier weights over 400kg averaging 303c while the feeder heifers sold to 303c with the medium weights averaging 294c/kg.

With the seasonal conditions remaining very dry young steers and heifers to the restockers were up to 40c cheaper with the steers selling from 266 to 327c with the lightweights weighing 200kg to 280kg averaging 315c/kg. The young heifers to the restockers sold from 258c to 302c/kg.

There was a good selection of prime conditioned grown steers a number of which had been grain assisted. The prime conditioned grown steers to the processors were 2c to 4c cheaper selling from 263c to 295c with the medium weights weighing 500 to 600kg averaging 285c while the heavier weights over 600kg averaged 290c/kg. The grown heifers to the processors were 2c cheaper for the heavier weights over 540kg selling from 250c to 281c and averaging 265c/kg.

The bulk of the cows in the yarding were in good condition and with solid support coming from Southern processors most grades enjoyed rises of between 8c and 13c/kg compared to the sale of two weeks ago. The few plainer conditioned 2 score cows to the processors sold from 165c to 214c with only a single pen of very light Angus cows going to the restockers for 167c/kg. The better 3 and 4 score cows to the processors sold from 205c to 247c with the 4 score heavy weight cows averaging 231c/kg.

The better muscled heavy weight bulls over 600kg finished 4c cheaper selling from 240c to 265c to average 251c/kg.

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