Hopes markets will respond to state-wide rain

Light rain is falling as I compile this report with 20-40mm predicted over the next few days. Markets may respond to this rain as it is supposed to be general over NSW.

At Dubbo last Thursday 3365 cattle penned in a fair to good quality yarding with the market overall firm to 10 cents dearer. Restocker medium weight vealer steers were firm with the heavier trade types rising 10 to 12 cents.

Trade medium weight vealer heifers lifted 4 cents. Restocker and feeder yearling steers rose 2 to 8 cents, with trade heavies up 9 cents dearer. Feeder yearling heifers improved 5 cents. Feeder type heavy steers rose 2 cents with bullocks gaining 5 to 6 cents. Heavy heifers remained firm to 5 cents dearer, cows rose 3 to 4 cents.

Steer vealers 167-236.2, heifer vealers 170-235, steer yearlings 160-215.2, heifer yearlings 150-240, heavy steers 126-202, bullocks 175-206, heavy heifers 134.2-190.6, light cows 90-122, medium cows 60-148, heavy cows 130-154, bulls 136-186.

At Dubbo on Friday 2050 store cattle penned in a plainer quality yarding. Weaner steers formed one third of the yarding selling between $280 and $690 to average $428 or $209 cents per kg live. Weiner heifers ranged from $250-650 to average $605 with only one pen or heifer yearlings making $460. PTIC heifers realised $670-800, PTIC cows were plainer selling from $470-1000 for a pen of Angus.

Cows and calves struggled to receive spirited bidding ranging from $690-1025 for a pen of shorthorns, upjoined cows made from $380-620.

At Dubbo on Monday 17630 lambs penned in a mixed quality yarding with good percentages of heavy and export lambs in the offering. The market slipped back $2-4, light weights to processors were firm while trade types lost $20. Heavy lambs fell $2-4, heavy merino lambs topped at $103.

Medium young lamb $104, light lamb $36.50 -2.60, medium lamb $62-104.60, heavy lamb $75-109.20, supermarket lamb $83-109.50, export lamb $100-127.

There were 4500 mutton penned with the market improving $4 young ewes $60-90, light ewes $17.40-62, medium ewes $52-83, heavy ewes $76, light wethers $18-58, medium wethers $62-84, rams $76-90.

A complete merino flock dispersal will be offered on auction plus on Tuesday July 17 2012.

There are 1310 ewes ranging 2011 drop to CFA with the young ewes NSM and the remainder scanned in lamb to One Oak or Poll Dorset rams. These outstanding breeders are the property of RL Wykes of Searock Yeoval and are being sold due to the property being leased.

Schute Bell report that last week’s wool market saw 32 526 bales being offered with 30 589 bales selling with a passed in rate of 6 per cent. The west of Australia did not sell.

The market remained firm with 20-22 microns all reaching approximately the same values. AWTA’s seasonal testing data shows a drop of 7 per cent for wooltesting 19-24.5 mic compared to the previous season. Wool testing 18.5 mic and finer was up 8 per cent and the total volume of wool sold was down by 3.4 per cent.

The Northern market indicator closed at 1089 cents per kg clean. This week’s sale will be the last before a three week recess.

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