Rain at last, but long way to end of dry

LOW FIGURES:Only 2845 prime cattle were penned at Dubbo last Thursday, a reduction of nearly 1000 on the previous week. Photo: FILE.

LOW FIGURES:Only 2845 prime cattle were penned at Dubbo last Thursday, a reduction of nearly 1000 on the previous week. Photo: FILE.

Rain fell over the district on Sunday with precipitation varying greatly depending on where you live.  Spicers Creek measured the heaviest falls with over 30mm, however the southern part of Wellington had only about 8mm and around the town from 14 to 20mm was the order.

At Dubbo last Thursday only 2845 prime cattle penned a reduction of nearly 1000 on the previous week.  The rain in northern NSW and Queensland created a stronger market.  Trade young cattle rose 20 cents, feeder steers gained 10c and more in places, while feeder heifers improved 25c.  Restocker young cattle were up 40c, heavy steers picked up 20c, heavy heifers were dearer, cows went upwards by 15c.

Quotations: calves 314-375c, steer vealers 270-374, heifer vealers 256-328, steer yearlings 253-350, heifer yearlings 216-310, heavy steers 216-270, bullocks 235-283, heavy heifers 200-261, light cows 145-198, medium cows 152-215, heavy cows 190-230, bulls 190-304.

Friday at Dubbo only 440 store cattle penned in a plain quality yarding with the steer and heifer market being considerably dearer due to rain being forecast, weaner steers sold from $325-1000 to avg $649 or 311c/kg.  weaner heifers ranged from $365-760 to avg $509.  Limited numbers of steer yearlings traded from $970-1080 to avg $1031 or 208c/kg.  A single pen of yearlings heifers realised $760, PTIC cows made $990, cows and calves sold from $850-1450 to avg $1121, unjoined cows ranged from $640-980 to avg $843.

Monday at Dubbo 12,350 lambs penned in a reduced yarding due to rain with quality only fairly plain.  Processor light lambs were firm to $4 cheaper, trade lambs were firm to $2 cheaper heavy weight lambs were mainly firm, Merino lambs rose $3-5 with the trade weights selling from $109 -130 and hoggets topping at $123.

Quotations: light young lamb $80-106, medium young lamb $106-131, heavy young lamb $132-145, supermarket young lamb $146-167, heavy young lamb $180.50, light lamb $55-98, medium lamb $92-125, heavy lamb $120-138, supermarket lamb $138-163, light export lamb $175-188.

7210 mutton penned in a fair to good quality yarding with the market picking up the previous sales falls and gains of $11-15.

Quotations: light ewes $40-84, medium ewes $72-123, heavy ewes $86-140, light wethers $45-78 medium wethers $88-128, heavy wethers $135-159, rams $40-$65, ram lambs $40-132.

Schute Bell report that last week’s wool market took on a very positive tone with consistent and strong rises over both selling days. 36 858 bales were sold with a passed in rate of 3.6%. 

On average most Merino types including skirtings were 30 to 40 cents dearer, the only drag on the market were crossbred types. 

Discounts on the high vegetable matter and high mid break types that have been quite large over the last few months also narrowed.  Forward market prices were solid giving an indication of this positive sentiment continuing.  The AWTA test data for the September quarter showed a 6.6% increase.  The Northern Region Indicator closed at 1629 cents per kg clean a rise of 30 cents.

10/10/2017