Dubbo Saleyards Report: A Surge in Yarding
Yarding: 11,200 Change: +3,500
Current Market Trends
The recent sale at Dubbo Saleyards showcased a significant sell-off, resulting in a total yarding of 11,200 cattle. Cows and young cattle suitable for restocking dominated the yarding, with only a few prime cattle scattered throughout. The quality of the yarding was notably improved, particularly with an increase in the numbers of steers and heifers favored by feeder buyers. However, restocker support from northern buyers was limited, while additional interest came from the southern regions.
Pricing Insights
Young cattle intended for trade remained close to firm, with prime vealers and yearlings fetching prices ranging from 410c to 490c/kg. The leading feeder steers and heifers experienced firmness with a slight uptick, although the majority showed a decline of 10c to 15c.
Specific price ranges included:
- Feeder steers: 398c to 531c/kg
- Feeder heifers: 340c to 488c/kg
Restocker buyers were more active on better-quality young cattle, with prices increasing by 10c, whereas plainer types saw a decrease. Prices for young restocker steers were between 355c and 532c, while young heifers ranged from 305c to 435c/kg.
Grown Cattle and Processor Cows
Grown steers and heifers remained stable, with prime grown steers selling from 424c to 470c/kg and prime grown heifers fetching between 419c and 474c/kg. Conversely, prices for processor cows dropped, showing a decline of 28c. Cows intended for restockers were only slightly easier, showing a decrease of 15c/kg.
Price ranges for cows were as follows:
- 2 and 3 score cows to processors: 250c to 337c/kg
- Prime heavyweight cows: 305c to 360c/kg (average 336c/kg)
- Cows to restockers: 120c to 332c/kg
- Heavy bulls: sold up to 418c/kg
Conclusion
The latest Dubbo sale reflects a dynamic market with varying interest levels across different cattle types and buyer categories. As displayed, the fluctuations in pricing and yarding numbers indicate ongoing changes in the industry that stakeholders must navigate.
Report by David Monk
Source: NLRS. For the full NLRS Dubbo sale report, click here
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