Dubbo Saleyards Update: Increased Cattle Numbers Amidst Dry Conditions

Overview of Yarding Numbers

The Dubbo Saleyards have experienced a significant increase in cattle numbers, with a total yarding of 8,400 head, reflecting a remarkable change of +4,600 since last week. Despite ongoing dry conditions, a diverse selection of cattle continues to come to market, with numbers of cows accompanied by their calves remaining particularly high.

Cattle Prices and Trends

Young cattle targeted for trade saw a 5c to 8c decrease, with prime vealers and yearlings pricing between 420c to 470c/kg. The feeder steers also fell 5c to 9c, while feeder heifers dropped by 12c per kilogram. The sale prices for feeder steers ranged from 400c to 498c, with feeder heifers selling between 356c to 456c/kg. In contrast, young cattle for restockers remained stable to a bit higher, with young steers reaching 530c and restocker heifers achieving 434c/kg.

Grown Cattle Performance

The market saw grown steers finish 12c stronger, while grown heifers were 15c down in price. Prime grown steers were sold from 420c to 476c, and prime grown heifers ranged from 380c to 435c/kg.

Cow and Bull Sales

On the cow front, secondary cows were marked down up to 30c, whereas prime heavy weights declined by 12c/kg. Two and three score cows meant for processors sold between 250c to 362c/kg. Prime heavy weight cows averaged 370c/kg, with restockers spending up to 354c, while feeders bought at prices ranging from 315c to 365c/kg. Bulls were sold at 408c/kg.

Conclusion

The latest figures from the Dubbo Saleyards highlight a robust cattle market despite challenging dry conditions. Market participants should stay informed about trends as we move forward in the season.

Source: NLRS. To view the full NLRS Dubbo sale report click here