Recent Trends in Dubbo Saleyards: A Drop in Numbers but Quality Remains High

Yarding Insights

The latest cattle yarding statistics reveal a significant decrease in numbers at Dubbo, with a total of 4,400 head recorded, down by 2,130 from the previous week. This reduction can be attributed to the recent good rains in the far western regions. Despite the drop in numbers, the quality of the yarding remains commendable, featuring a strong selection of prime cattle along with adequate offerings for feeders.

Market Dynamics

In terms of pricing, young cattle to the trade have observed an increase, now 10 cents dearer. Prime yearlings are selling well, ranging between 412c and 478c per kilogram. Additionally, feeder steers and heifers have seen an uptrend with prices for feeder steers now between 432c and 513c/kg, and feeder heifers selling between 400c and 470c/kg.

Strong Competition for Young Cattle

The demand for young cattle remains robust, particularly among restockers. Young steers have reached impressive prices, selling up to 552c, while young heifers to restockers are now fetching prices up to 452c/kg.

Grown Cattle Performance

The grown cattle sector also shows positive signs, with grown steers and heifers priced 15 cents higher than last week. The prime grown steers are selling between 423c and 482c/kg, while grown heifers are priced from 410c to 484c/kg. Cows are also commanding higher prices, now up by 10 to 15 cents, with 2 and 3 score cows to processors being sold for 310c to 388c/kg. Prime heavyweight cows range from 372c to 414c, averaging 395c/kg, while cows directed to restockers are selling between 234c and 340c/kg. Heavy bulls have seen a peak price of 410c/kg.

Conclusion

The fluctuating yarding numbers at Dubbo demonstrate the impact of weather conditions on cattle availability. However, quality remains uncompromised, and competitive prices continue to attract buyers across various segments of the market.

David Monk

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