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Dubbo sale 7 June 2018: Lotfeeders lift rates in smaller yarding

by David Monk, 08 June 2018

Yarding 3535 Change -2155

Outstanding quality Angus steers and heifers from the Binnaway district sold to the feedlotters at rates up to 25c/kg dearer in a much smaller yarding.

Numbers were back by more than 2000 for a yarding of 3535. There were a number of different opinions as to why the yarding was so much smaller but I expect that the forecast of rain has something to do with it along with the thought that maybe the numbers of cattle for sale are starting to run short. There were a few pens of well finished trade cattle and grown steers in the yarding along with some ideal runs of feeder cattle. There were not the numbers of cows compared to previous sales though there was still good numbers of young cattle in store condition. Most of the regular processors and feeders were operating along with a couple of new feeder operators and some additional restocker orders.

NLRS advises the few young cattle to the trade were 3c dearer with prime steer vealers selling from 286c to 298c and the prime heifer vealers selling to 260c/kg. The prime steer yearlings sold from 256c to 297c while the prime heifer yearlings sold from 229c to 275c/kg.

As mentioned there were some outstanding quality Angus steers and heifers consigned from the Binnaway district which sold to very strong competition with the steer portion topping at 317c and the heifers 276c/kg. As a result the light and medium weight feeder steers and heifers were up to 25c dearer while the heavier weight feeders were 4c/kg dearer. The feeder steers overall sold from 260c to 317c with the steers weighing between 330kg and 400kg averaging 305c and the heavier weights over 400kg averaging 285c/kg. The feeder heifers sold from 187c to 276c with the medium weights here averaging 266c and the heavy weights 270c/kg.

There was solid competition for the restocker calves with additional orders from both the north and south. Young steers to the restockers were 15c dearer while the young heifers were up to 25c/kg dearer. The young steers to the restockers sold from 178c to 288c with the calves weighing between 200kg and 280kg averaging 259c/kg. The young heifers going back to the paddock sold from 147c to 250c with the heifers weighing 200kg to 280kg averaging 216c/kg.

Grown steers were 5c dearer with the prime medium weights selling from 272c to 284c to average 279c/kg. Grown heifers were 11c cheaper with the better types selling from 230c to 253c/kg.

Cows finished 8c to 12c cheaper. 2 score cows to the processors sold from 120c to 130c while the better 3 and 4 scores sold from 128c to 211c with the prime heavy weights averaging 189c. Plain conditioned cows to the restockers were also cheaper selling from 40c to 130c/kg.

Bulls were up to 15c cheaper with the better muscled heavy weights selling from 198c to 235c while young bulls to the restockers sold from 150c to 218c/kg.

To read full NLRS report click here



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