Markets

Dubbo sale 9 Aug 2018: Cows dearer, younger cattle lacking finish cheaper

David Monk, 10/08/2018

Yarding 4740 Change -720

Cows were the highlight with most selling at dearer rates in a smaller yarding however the large number of young cattle lacking finish continues to struggle as restockers fill their orders.

Numbers were back by 720 for a yarding of 4740. It was another typical drought yarding with large numbers of young cattle lacking finish along with good numbers of cows.

There were a few good trade cattle which have had grain assistance and very limited numbers of ideal feeder cattle and no grown steers. There was a fair selection of grown heifers as growers continue to search for cattle to offload as the drought worsens. Most of the regular processors were operating however some feeder operators didn’t operate and the competition was not as strong from the northern restockers. There was solid support from the restockers and feeders on suitable plain condition cows.

NLRS advises the young cattle to the trade were 8c to 10c dearer with a fair percentage of the fluctuation quality related. The prime steer yearlings sold from 270c to 305c with the heavy weights averaging 290c while the prime heifer yearlings sold to 283c/kg.

With the absence of a couple of regular operators the lighter feeder steers and feeder heifers were 14c to 20c cheaper while the heavier feeder steers were 4c/kg cheaper. The feeder steers sold from 220c to 300c with the lightweights averaging 251c and the medium weights 259c/kg. The heavy weight feeder steers over 400kg averaged 279c/kg. The feeder heifers sold from 204c to 271c with the lightweights averaging 220c and the medium weights 260c/kg.

Young cattle to the restockers continue their downward trend with most selling at 15c cheaper rates. The young steers to the restockers sold from 110c to 262c with the lightweights weighing less than 200kg averaging 203c and the heavier weights weighing between 200kg and 280kg averaging 219c while the young heifers sold from 110c to 220c/kg.

There were no grown steers in prime condition to quote however there were some plainer types which sold to the feeders ranging in price from 198c to 291c/kg. Grown heifers were 7c cheaper with the better types selling from 226c to 267c/kg.

Plain conditioned cows to the processors were 8c to 12c dearer with the restockers and feeders providing a solid base. The better finished cows were firm to 5c/kg dearer. 2 score cows to the processors sold from 70c to 171c while the better 3 and 4 scores sold from 140c to 218c with the prime heavy weights averaging 207c/kg. Cows to the restockers were up to 20c dearer selling from 46c to 178c/kg.

Bulls were 12c dearer with the well-muscled heavy weights selling from 210c to 239c/kg.

To read full NLRS report click here

 

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