Dubbo with some 3500 head of mostly prime cattle on Thursday 8th October saw a market that was so good that vendors would be hard to please if they were expecting any returns to be much better.
Some quotes from the Christie and Hood catalogue include: G and R Thompson Coolah - angus cows 328.2c/kg $2178.00; Dulla Pastoral Co Dubbo - steer yearlings 454.2c/kg $1707.00; Josh Gale Trangie - angus cross steers 4 tooth 398.2c/kg $1941.00; Craig Schiemer Coolah - Droughtmaster cows 325.2c/kg $2040.00
Our best yearling steers from Binnaway milk teeth realised $2118.00 while Charolais cross heifers from the same consignment reached 442.40c/kg to return a tidy $1833.00. We note that re-stocker cattle are very expensive to purchase but at the above prices they may be cheaper than we think.
Traditionally the Victorian operators who are currently underpinning the strength in the market would normally look to return to their base camps from the middle of October with most hoping to be able to source enough cattle in their local areas no later than the first week in November.
The column appreciate that with corona etc and the tough stance being taken by the Victorian government there is no way by any stretch of the imagination that this could be considered a normal year having said that my personal thoughts are that any producers out there that have domestic style cattle for sale should hedge their bets by at least marketing some stock at these very buoyant prices.
Dubbo Agents contrary to what I wrote a couple of columns back have once again come up with significant numbers of 4170 cattle in the Thursday sale.
Harvest in the north is now in full swing and my agent mates in Trangie and Narromine suggest it is only a matter of days before that part of the countryside crank up their headers.
Sheep and Lamb numbers were solid last Monday with 20,000 lambs and 5000 grown sheep. With the previous Monday being a public holiday market trends were based on a fortnightly calculator whichever way you look at the sale some of the prices were unbelievably solid.
It was reported that some small stock sales lost some traction later in the week but truly if that was the case, they were coming off a very high loading.
Next week as the column understands Dubbo Regional Council will meet to finalise the make-up of the body to help the council progress the Troy Saleyard Complex.
We already know some of the personnel as Fletcher International and the DSSA will be represented, but the people chosen to speak on behalf of the grazing fraternity is till unknown.