Market Report 14/09/16

Below is the cattle market report for 14th September 2016 from Dorrigo Fat sale. 

Total yarding of 178 head, the Market continues from strength to strength with a full contingent of export buyers and an increased gallery of restockers and store buyers.  With limited numbers, export cattle were slightly stronger with the top cow weighing 660kg at 259.2c to return $1710.72.  Our two best dairy cows were Jersey’s and topped at 179.2c.

Highlight of the sale was a feature line of Charolais Steers and Heifers, which created bidding competition from several restockers and backgrounders.  The top line of 6 high grade Charolais steers sold to a top of 416.2c to a local bullock fattner.  The top of the heifers made 362.2 to background on Oats for either breeders or feeder heifers.

Vealer Steers: 22 head to top at 424.2c and to average 415.2c.
Vealer heifers: 29 head to top at 390c and too average 350c.
Yearling Heifers: 19 head to top at 338.3c and too average 330c
Steers 200-300kg: 18 head yarded to top at and 420.2 to average 380c
Steers 300-400kg: 17 head to top at 416.2 and to average 390c
Heavy Steers: 3 head in total topped at 349.2c and to average 340c
Bulls: 1 head yarded over 500kg to top at 229.2c.

Ray White Dorrigo purchased their fair share of restocker cattle on behalf of local clients, we not only market the cattle we have strong restocker orders as well and will purchase locally bred cattle where possible.

Summary the compiler of this report may have predicted that the cattle market has hit its heights In the last market report, this may have been a premature statement!

Quality cattle continue to find homes at an increased rate, the buying gallery were strengthened with 3-4 new buyers, so increased buyers cause increase competition, which vendors were pleasantly rewarded.

 

Tim Bayliss
Livestock Sales Manager
0439 009 414