Yarding 4555 Change -2240
Rain had a substantial impact, causing numbers to decline significantly. The majority of the cattle were in store condition, there were occasional well-finished trade and export cattle included in the mix, with quite a few having been grain assisted. Despite not all buyers or orders being active today, enthusiastic restockers from northern regions, along with local buyers, helped to significantly lift prices. This surge in demand was notable, for lighter weights under 300kg. Feeder cattle lacked weight with not the big numbers we have seen over 400kg.
Trade cattle in the 400-500 kg range, were in limited supply. Steers and heifers to the trade sold from 356 to 412c/kg. Lighter cattle, particularly those under 300/kg, saw a higher volume in numbers. Steers and heifers in this weight category experienced impressive price increases, with gains between 50c to 96c/kg, largely driven by restockers eager to acquire the bulk of these lighter weights. In the feeder market, the supply of steers in the 400-500 kg range was limited, contributing to a price rise of 24c/kg, with prices fetching between 355c to 439 c/kg. Similarly, lighter weight feeders also made solid gains, selling at prices ranging from 350c to 422c/kg. The availability of feeder declined, resulting in a price lift of 20c to 49c/kg. The medium weight portion selling at 332c to 390c/kg.
The export market lacked supplies of heavy steers and bullocks to suit processors. The bulk gaining from 20c to 50c and selling at 355c to 424c/kg. The cow market was a highlight with prices continuing to rise as the sale progressed, with some companies starting later in the sale. Heavy cows gained 44c making from 290c to 338c/kg. Leaner cows fetched 240c to 303c/kg. Store cows sold from 258c to 306c/kg.
Source: NLRS Click here to view full Wagga report on NLRS website.
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