Markets

Dubbo sale 7 July 2016: Young steers meet solid restocker demand

David Monk, 07/07/2016

Following the wet conditions numbers were back on the expected draw for a yarding of 1635.

The bulk of the yarding was sourced from local districts with only a couple of consignments coming from the far West.

There was only a limited supply of prime conditioned young cattle though there was a fair selection to suit the feeders and restockers. There was a good selection of properly finished grown steers and cows yarded, a number of which had been supplementary grain fed.

Young cattle to the trade were 2c to 5c dearer with steer vealers selling to 369c while the prime heifer vealers sold to 357c/kg. The prime steer yearlings sold from 330c to 360c with the steers over 400kg averaging 349c/kg. The prime heifer yearlings sold from 315c to 362c with the heavier weights averaging 337c/kg.

The feeder steers were firm to 2c dearer ranging in price from 314c to 379c with the large number of medium weights weighing between 330kg and 400kg averaging 367c/kg. The feeder heifers were 10c cheaper ranging in price from 269c to 359c with the medium weights averaging327c/kg.

Young steers to the restockers sold to solid competition selling from 344c to 404c with the calves weighing between 200kg and 280kg averaging 379c/kg. Young heifers going back to the paddock sold from 270c to 375c/kg.

The good runs of grown steers were 7c cheaper with the prime medium and heavy weights selling from 300c to 340c with the medium weights weighing between 500kg and 600kg averaging 325c/kg. The heavier weights over 600kg sold to 327c to average 318c/kg. Export weight feeder steers sold from 306c to 353c/kg. Grown heifers sold at similar rates to the previous sale with the properly finished better shaped heifers selling from 280c to 342c with those over 540kg averaging 307c /kg.

Plain conditioned cows were 20c to 30c cheaper compared to the previous sale’s very strong market with the 2 scores to the processors selling from 180c to 225c/kg.

There was just the one pen of cows sold to the restockers and they sold for 197c/kg. The good numbers of better finished cows were 10c/kg easier with the 3 and 4 scores selling from 193c to 271c with the 4 score heavy weights averaging 257c/kg.

Bulls sold at similar rates to the previous sale with the better muscled heavier weights selling from 255c to 280c to average 270c/kg. Young bulls to the restockers sold from 319c to 326c/kg.

 

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