Cattle prices at NVLX Wodonga have continued on a solid note. Numbers dipped slightly to 1545 in a very mixed quality offering.
Once again a shortage of domestic and export cattle gave the market some momentum with prices improving by as much as 20c/kg for yearling trade cattle. Most of the secondary lines were purchased by a smaller group of feedlot buyers.
The market seemed to lose some heat, with easier prices trends over most yearling categories. There were signs at the market that trade and feedlots are not prepared push the market upwards, particularly at the plainer end of those categories.
A mixed quality yarding of cattle at NVLX Wodonga created some varied price trends this week. The market showed gains on some categories, but losses on others in a bigger sized yarding of 1,900
The seasonal shortage of quality domestic slaughter cattle gave the market an edge this week, with prices improving by up to 11c/kg at NVLX Wodonga on Tuesday.
The market seemed to lose some heat, with easier prices trends over most yearling categories.
Well finished European veal and their crosses regularly sold at 342-378.2c/kg.
Cattle prices continued to ease in a similar sized yarding of 2,220 at NVLX Wodonga.
Cattle numbers lifted at NVLX Wodonga to 2200. Beef prices did show mixed trends this week, with quality a factor in some of the cheaper outcomes
The market gathered pace when major export processors were forced to show their hands through way of what rates they could deliver. Bullocks 600kg plus surged 18c, while heavy steers 500-600kg lifted 4c/kg. The better finished steers and bullocks fetched 300-337c, with aged steers selling down to 277c/kg.