Recent Cattle Yardings Highlight Resilience in Australian Agriculture
Current Statistics
Yarding: 10,700 Change: -316
Market Insights
This week, the Western region of Australia continued to witness robust activity at the Dubbo saleyards, reflecting both the dry seasonal conditions and strong market demand. An impressive 10,112 head of cattle were yarded, featuring a high standard of quality across various categories—prime cattle, along with substantial numbers of young cattle suitable for feeders and backgrounders.
Price Trends
In the trade for young cattle, prices saw a slight increase, with prime vealers and yearlings selling between 425c and 490c/kg. Heavyweight feeder steers recorded an 8c rise, while lighter feeder steers and heifers remained stable or experienced minor declines, with prices ranging from 390c to 517c for steers, and from 370c to 460c for heifers respectively. However, young cattle aimed at restockers fell by up to 15c, with young steers reaching 554c and restocker heifers at 486c/kg.
Grown Cattle and Cow Prices
Prices for grown steers gained traction, showing improvements of 3c to 8c/kg, while grown heifers were noted to be 15c cheaper. The prime grown steers sold within a range of 442c to 485c, whereas grown heifers transacted at 400c to 450c/kg. Meanwhile, secondary cow prices dropped by 10c to 12c, although properly finished heavy weights held firm, with 2 and 3 score cows fetching between 300c and 402c/kg. Prime heavyweights averaged 407c/kg, with heavy bulls achieving rates of up to 412c/kg.
Conclusion
The steady numbers at the Dubbo saleyards underscore the resilience of the Australian cattle industry, even amid challenging seasonal conditions.
Report produced by David Monk.
Source: NLRS. To view the full NLRS Dubbo sale report, click here.
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