Tough markets

Stock Report by Geoff Plasto 15 July 2014
南京夜网

Having had a freezing cold weekend, rain has commenced as I write this report with 10-20mm forecast for today, and some shower to follow over the next few days.

The prime cattle sale last Thursday at Dubbo saw 4850 cattle penned in a pretty good quality yarding with lesser numbers of heavy steers present, the market overall was harder. Trade cattle fell up to 13 cents and the very best of the feeder steers were firm, although most lost 12 cents. Heavy steers were 6 to 8 cents cheaper, the best of the heavy heifers remained firm, cows were down 14 to 16 cents.

Quotations: calves 140 to 230, steer vealers 130 to 213, heifer vealers 120 to 205, steer yearlings 138 to 215, heifer yearling 90 to 190, heavy steers 120 to 193, bullocks 155 to 200, heavy heifers 90 to 184, light cows 54, medium cows 80 to 118, heavy cows 106 to 138, bulls 100 to 188.

Last Friday 3000 store cattle were penned at CTLX Carcoar with steers and heifers in the majority at a sale which lacked the quality of the previous sale. Prices for the better quality and breeds were firm. The remainder eased $40 to $50. 1586 weaner steers were sold from $200 to $745 to average $474 or 198 cents per kg. Only one pen of yearling steers made $580, weaner heifers ranged from $175 to $525 to average $381, yearling heifers traded from $400 to $520 to average $451, PTIC heifers realised $340 to $600 averaging $471, PTIC cows sold $400 to $890 for a pen of Angus cows. Cow and calves ranged from $600 to $1000 and unjoined cows traded from $350 to $900.

At Dubbo on Monday 36,250 lambs penned in a mixed quality yarding. New season’s lambs were limited in supply and slipped $2, old lightweight lambs were close to firm, the better finished trade weights fell $1 to $2; heavy weights lost $3 while heavy weight Merino lambs sold to strong competition.

Quotations: Light young lamb $65.20 to $84, medium young lamb $94 to $126.60, heavy young lamb $115 to $133, supermarket young lamb $136 to $144, young lambs $23.20 to $88, medium lamb $ 78 to $114.50, heavy lambs $103 to $ 129, supermarket lamb $115 to $150, export lamb $139 to $186.

1200 mutton penned in a close to firm market.

Quotations: young ewes $48 to $157.20 for a pen of crossbreds going to restockers, light ewes $30 to $68, medium ewes $67 to $95, heavy ewes $88 to $112, young wethers $90 to $100, light wethers $44 to $70, medium wethers $66 to $86.20, heavy wethers $100 to $115.60, rams $56 to $79.

Schute Bell report that last week’s sale showed a positive trend before going into the three week recess with the Sydney offering improving on both selling days especially on the finer end of the market. Discounts applying to the lower style types were not as severe compared to the previous weeks. 36,233 bales were offered approximately 10,000 bales less than the corresponding sale last year. The passed in rate was 10.1%. Sales will resume on the week commencing forth of August with the market hoping to repeat last year’s opening when wool prices gained till January.

The Northern Market Indicator closed at 1035 cents per kg clean, a rise of 8 cents

This story Administrator ready to work first appeared on Nanjing Night Net.