Stock Report | Vendors hope trend continues to climb for prime cattle at Dubbo

SALE: At Dubbo last Thursday 3,980 prime cattle penned as vendors took the opportunity to sell on what they hoped would continue from the previous weeks stronger market.
SALE: At Dubbo last Thursday 3,980 prime cattle penned as vendors took the opportunity to sell on what they hoped would continue from the previous weeks stronger market.

Fine weather last week and actually warm days, which pushed growth along in paddocks especially for those who have sown winter crops after the end of March rain.

Cattle

At Dubbo last Thursday 3,980 prime cattle penned as vendors took the opportunity to sell on what they hoped would continue from the previous weeks stronger market. Trade steer yearlings rose 4 to 8 cents, while the heifer section was cheaper due to quality. Feeder steers were firm however feeder heifers lost 10 to 15 cents, steers sold from 220 to 296 cents and the heifers ranged from 200 to 268 cents. Restocker cattle were down 10 to 15 cents with the steer portion trading from 195 to 293 cents and the heifers realising 150 to 228 cents. Heavy steers gained 15 cents, heavy heifers were 3 to 4 cents cheaper, plain conditioned cows were down 12 to 15 cents and the properly finished cows lost 7 cents.

  • Quotations calves 130 to 200, steer vealers 195 to 309, heifer vealers 150 to 275, steer yearlings 220 to 310, heifer yearlings 160 to 292, heavy steers 230 to 290, bullocks 220 to 295, heavy heifers 130 to 271, light cows 55 to 159, medium cows 60 to 202, heavy cows 166 to 245, bulls 186 to 267.

At Dubbo on Friday 1,585 store cattle penned which included some very good quality weaners especially from Hampshire Downs at Merriwa. Steer weaners sold from $165 to $820 to average $403 or 231 cents per kg with the better quality firm and the plainer types cheaper.

Heifer weaners ranged from $100 to $635 to average $316. One pen of steer yearlings traded at $400 and one pen of heifer yearling realised $750. PTIC cows made from $740 to $880 to average $817, cows and calves sold from $1,050 to $1,245 to average $1,173, unjoined cows ranged from $180 to $360 to average $300.

Lambs

Dubbo on Monday 15,430 lambs penned in a plainer quality yarding with less grain assisted heavy lambs on offer. Trade lambs were well supplied and there were plenty of light lambs on offer, the market was cheaper. Processor light lambs sold from $85 to $129, trade lambs fell $11 to $13, heavy lambs lost $6 to $10 while the extra heavies eased $12. Trade Merinos realised from $124 to $165.

  • Quotations light lamb $62 to $129, medium lamb $122 to $145, heavy lamb $130 to $157, supermarket lamb $153 to $198, export lamb $165 to $240. 14,215 mutton penned in a varying quality market with prices lifting $3 to $4 on the lighter end and the heavy end gaining $6 to $10. Quotations light ewes $26 to $106, medium ewes $85 to $157, heavy ewes $116 to $240, light wethers $72 to $90, medium wethers $148, heavy wethers $165 to $248, rams $54 to $128.

Wool

Schute Bell report that last weeks wool market continued the downward trend with some small losses. The lack of higher yielding better style wool on offer is impacting on the individual micron price guide quotes especially for Merino types.

Crossbreds are behaving completely different and once again registered some solid gains. Similar to the previous week the Merino carding indicator suffered the largest falls and closed the week nearly 20% below the corresponding period last season. 32,669 bales were sold with a passed in rate of 12.8%. AWTA test data released last week showed a 10.3% reduction in the weight of wool tested for the season so far.

The current retreat in the market is gradual and orderly over the last 6 weeks, however it may have found a base with Freemantle market showing a slight improvement. The norther region indicator closed at 1,986 cents per kg clean a fall of 7 cents.