Markets

Dubbo Sale 6 June 2019: Young cattle to restockers up to 30c dearer

David Monk, June 7, 2019

FROSTY mornings and the continuing dry conditions keep the numbers rolling in with yesterday’s yarding at Dubbo lifting by 1250 compared to the previous sale.

There were a total of 5365 cattle yarded and it was a mostly plain quality yarding with limited numbers of prime cattle in all sections. Cows made up more than 30pc of the yarding and there was good numbers of yearlings and weaners offered, which mostly lacked finish. Most of the cattle were sourced from local districts along with consignments from Moree and Inverell.

Included in the yarding was a large consignment of Angus cows off a renowned Mudgee district property that apparently are going to have more large consignments in the next few week if there is no break in the season.  Not all the regular buyers were operating with a major norther export processor not operating on cows and a feeder operator was absent.

NLRS advises the young cattle to the trade were 2c to 4c cheaper with the prime steer yearlings selling from 260c to 317c with the heavy weights over 400kg averaging 300c while the prime heifer yearlings sold from 233c to 303c with the heavier weights here averaging 286c/kg.

The limited numbers of ideal feeders over 400kg reduces the averages however it is evident from the top prices paid that the feeder operators are prepared to pay the price for the right article with solid competition coming from both northern and southern operators. Feeder steers and lightweight feeder heifers were 4c to 7c cheaper while the heavier feeder heifers were firm to dearer. The feeder steers sold from 244c to 319c with the lightweights averaging 269c while the medium and heavy weights averaged 296c and 304c/kg. The feeder heifers sold from 202c to 284c with the lightweights averaging 238c/kg. The better medium and heavy weight heifers averaged 260c and 277c /kg.

Most of the competition for the young restocker cattle came from southern tableland buyers. Young cattle to the restockers were up to 30c dearer with the heifers enjoying the best of the rises. The young steers sold from 198c to 319c with the calves weighing between 200kg and 280kg averaging 267c while the restocker heifers sold from 155c to 264c with the large number of calves less than 200kg averaging 224c which is considerably higher than previous sales.

The few grown steers were 4c to 8c dearer with the prime medium and heavy weights selling from 280c to 307c with the steers weighing between 500kg and 600kg averaging 287c/kg.  The grown heifers were around firm with the better types selling from 248c to 266c/kg. Grown heifers to the feeders sold from 185c to 261c while the restockers paid from 170c to 198c for the plainer conditioned heifers.

Plain conditioned cows to the processors were 9c cheaper while the better finished cows finished firm to 3c/kg dearer. 2 score cows sold from 110c to 168c with the cows weighing between 400kg and 520kg averaging 142c while the better 3 and 4 scores sold from 160c to 234c which was paid for C muscle Limousin cows. The prime heavy weight cows averaged 210c/kg. Once again there was good numbers of cows sold to the restockers along with good numbers going to the feed lotters. The feeders and restockers paid from 116c for plain cows to 190c for cows in forward condition these prices similar to the previous sale.

Limited numbers of bulls sold at similar rates with the well finished heavy weights selling from 214c to 246c to average 234c/kg.

 

 

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