Markets

NVLX Wodonga 11 Apr 2017: Price boost in lead up to break

Leann Dax, 12/04/2017

Cattle prices at NVLX Wodonga were boosted by reduced numbers in the lead up to the Easter holiday break. Agents yarding just over 750 mixed quality cattle.

There was some big price gains recorded in the trade market as rain helped buoy demand over most categories. Price surges of another 11-18c were achieved.

Among the highlights of the sale was an average of 386c for the top drafts of vealer steers which topped at 402c/kg. The heifer portion was also in high demand, with the top calves fetching 356-406c/kg. British bred calves sold at 346-356c/kg.

There was a big lift in trade steers sales, with select butcher orders and major domestic buyers struggling to secure supplies. Well finished steers 400-500kg jumped 18c to sell from 330-381c/kg.

The shortage of quality trade heifers lifted rates by 9c as the seasonal conditions affects supply. The bulk of the better shaped heifers sold at 316-342c to average 320c/kg.

Feeder steers were in short supply and stronger competition from local feedlots pushed rates 22c higher for the 330-400kg portion, to average 360c/kg. Medium weight steers were unchanged making from 332-349c/kg.

A mixed offering of feeder heifers saw quality types jump 8c, fetching 322-354c/kg.

Less heavy cattle and fewer buyers competed in the export run. The lack of numbers left rates unchanged for heavy grown steers while bullocks regained last week’s losses lifting 23c/kg. The better shaped heavy steers and bullocks returned 280-340c/kg.

Heavy heifers were limited and heifers with shape ranged from 290-325c/kg.

The cow market sold to erratic price trends, in a very small offering of only 250. Heavy beef cows firm to 4c easier selling at 243c-270c to average 249c/kg. Leaner grades met with sporadic competition making from 222-244c/kg. The dairy portion rates varied greatly making from 191.223c/kg. Store cows were keenly contested fetching 201-235c/kg.

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