Yarding 2970  Change +315

On the back of last week’s sale, there was a moderate lift in supply. The market offered mainly store cattle, with only a few well-finished pens making their way into the export sale. Notably, while some exporters were absent from the auction, feedlots stepped in to fill the gap, and dominated over all categories. Restocking enquiry was limited with most local enquiry.

A few vealers saw a range of prices between 370-410c/kg. However, trade heifers were extremely limited, fetching between 370-380c/kg. The bidding was  directed towards well-bred store types, particularly of specific breed that was in high demand.

Lightweight steers  suitable for feedlots and weighing between 280-330kg experienced a notable gain of 24c, driven by intense bidding. Meanwhile, feeder steers in the 330-400kg range were highly sought after, gaining an impressive 35c and selling between 370-496c/kg. Medium-weight feeder steers maintained last week’s rates, with prices ranging from 408-481c/kg. On the heifer side, prices lifted between 14-42c, with medium weight feeder heifers being the most significant price movers.

In the export sale, well-finished stock was scarce, with the majority being sold to feedlots. Heavy steers and bullocks suitable for processors made between 360-406c/kg, while heavy feeder steers intended for further feeding topped at 441c/kg. The cow market also gained traction as the sale progressed, with well-finished types becoming a priority for some processors. Heavy cows sold within a range of 338-371c/kg, while leaner types fetched prices between 224-357c/kg. Store cows were well supplied selling from 260-294c/kg.

Market Reporter Leann Dax.

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