Yarding 2655  Change -1245

Recent rainfall across the supply area has led to a notable decrease in numbers. The quality of the cattle was largely classified as secondary, and weights have declined significantly, with a marked increase in the number of cattle weighing under 400kg. While the usual buying group was present at the sale, the anticipated orders from restockers and feedlots were noticeably absent this week, leading to fluctuations in the market based on breed.

In the trade cattle market, the supply was limited, particularly for yearlings weighing between 400-500kg with most well-finished grain-assisted. Heifers and steers sold within the range of 365-436c/kg. A select few quality vealers aimed at processors fetched prices between 370-410c/kg. Meanwhile, light-weight steers 200-280kg saw a significant price increase of 87c, with prices ranging from 325-495c/kg, largely due to quality. However, steers suitable for feeding experienced a downward trend, with prices decreasing by 8-18c, and the bulk selling for 345-480c/kg. Feeder heifers were in short supply, but lighter weights managed to sell for 8c more, achieving prices between 340-435c/kg.

On the export front, the availability of heavy well finished cattle was limited. Bullocks saw a price increase of 20c, reaching a top price of 450c and averaging 427c/kg. Heavy steers were sold within the range of 355-414c/kg. The number of cows available for sale dropped, prompting buyers to increase their bids to secure a market share. Heavy cows improved by 12c, selling at prices between 334-360c/kg. Leaner cows weighing under 520kg experienced strong demand, with prices ranging from 220-346c/kg.

Market Reporter Leann Dax.

Source: NLRS Click here to view full Wagga report on NLRS website.