Dalby Cattle Market Report: Weekly Update
Market Overview
The Dalby cattle market witnessed a slight decline, with yarding numbers dropping by 438 head to a total of 6,488. Interestingly, the number of cows increased to 1,073, along with 344 bulls. Despite a decline in export buyer attendance compared to the previous week, southern buyers remained active.
Price Trends
Light weight yearling steers and heifers returning to the paddock saw prices rise by 4c to 6c/kg. Demand for medium and heavy weight yearling steers and heifers for feed was robust, with price variations largely reliant on quality. Heavy grown steers and bullocks for export averaged an increase of 8c to 10c/kg. Furthermore, prices for heavy weight classes in the cow section either remained firm or experienced minor increases.
Key Price Insights
Light weight yearling steers available for restocking fetched up to 604c, averaging between 512c to 537c/kg. Yearling steers destined for the domestic market averaged between 496c to 498c and reached up to 536c/kg. Heavy weight yearling steers followed similar trends, while light weight yearling heifers fared well too.
The following table breaks down notable price categories:
Category | Price (c/kg) |
---|---|
Heifers up to 400kg | 356 – 422 |
Heifers over 400kg | 404 – 422 |
Cows up to 400kg | 240 – 346 |
Steers up to 500kg | 384 – 474 |
Heavy weight bulls | 415 |
Highlights from the Sale
Noteworthy sales included:
- B
- Brahman bulls sold by Greendale Cattle Co of Tambo to processors at 415c/kg, weighing 816kg, totaling $3,387.
- Angus X cows sold by BNK Pastoral of Wooroolin at 405c/kg, with a weight of 703kg, amounting to $2,850.
- Hereford heifers sold by Yagaburne Past. Co Pty Ltd of Goondiwindi at 400.2c/kg, weighing 513kg, for $2,054.
- Droughtmaster X steer sold by RJ & CO Oldfield of Jundah at 400c/kg, weighing 751kg, totaling $3,007.
Market Commentary
According to market reporter Trevor Hess, the overall reduction in yarding at Dalby has influenced the operating patterns of export buyers, with not all participating this week. The demand for feedlot steers and heifers remained strong, although backgrounder heifers experienced a slight downturn of 5c to 10c/kg. Heavy grown steers and bullocks continued to reflect positive trends, while cow prices remained steady.
Full NLRS Report
For comprehensive insights, including the NLRS report, please click here.
Agents Draw Next Sale
For details regarding upcoming sales, please visit the Dalby Regional Saleyards site to view the agents draw for the next sale.
### Key Takeaways
– The yarding at Dalby declined, with a notable increase in cows and bulls.
– Although export buyer attendance was not at its peak, local buyers showed strong interest.
– Price trends across various categories exhibited stability, with some increases noted, especially for heavy weight classes.
– The weekly report emphasizes a balanced demand-supply situation, reflecting an optimistic outlook for the upcoming sales.