Record Cattle Turnout at Dubbo Saleyards

Market Overview

The recent cattle sale at Dubbo Saleyards saw a record turnout of 11,500 cattle, marking a significant increase of 423 head from the previous week. The sale featured a similar mix of cattle, including a substantial number of cows with their weaner calves. While there were some well-finished steers and heifers, the absence of several regular buyers, including restockers and feeder operators, was notable.

Pricing Trends

The prices for young cattle saw a decline, with prime yearlings fetching between 330c and 470c/kg. The best feeder steers and heifers remained steady in price; however, the majority decreased by 15c to 25c/kg. Feeder steers were reported to sell in the range of 382c to 518c, while feeder heifers went for 320c to 477c/kg. Those young steers aimed at restockers fell by approximately 55c, and young heifers saw declines of 70c to 125c/kg. Young steers for restockers were marketed at 200c to 486c, with young heifers positioned at 140c to 410c/kg.

Grown Cattle and Cows

Prices for grown steers and heifers dipped by 4c to 8c. Prime grown steers sold for between 400c and 472c/kg, while grown heifers were priced from 400c to 466c/kg. The cow market experienced a decrease of 20c to 25c, with 2 and 3 score cows selling to processors for 180c to 304c/kg. Notably, two exceptional C muscle cows achieved a price of 388c, with prime heavy weights averaging 311c, and cows for restockers dropping up to 45c, selling between 120c and 274c/kg. Bulls rounded off the sale at 20c cheaper, reaching 386c/kg.

Conclusion

As the Dubbo Saleyards continue to set records, the fluctuations in pricing reflect current market conditions. For more detailed insights into the Dubbo sale report, you can view the full NLRS report here.

Written by David Monk