Markets

NVLX Wodonga 10 Jan 2017: Price spikes for young and export categories

Leann Dax, 11/01/2017

Bidding at NVLX Wodonga was stronger in a larger yarding of 1705.

Price spikes of 8-21c/kg were recorded for various grades of young cattle and export categories. 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.

The season was reflected in some pens of yearling steers offered to the trade with plainer unfinished trade cattle finding it difficult to attract all domestic buyers. Generally prices for well finished steers lifted 17c, with the medium weight steers 400-500kg selling from 322-335c/kg.

Prices for yearling heifers varied; with the quality dropping away as traditionally occurs this time of year. The better shaped and finished heifers 400-500kg sold from 290-346c to average 313c/kg.

Vealer numbers increased and quality remains good considering the hot weather. The best of the vealers were firm to a few cents dearer in places. The bulk of the veal sold at 310-367c/kg. European calves and their crosses averaged 347c/kg.

Store orders were limited but prices were excellent for all plainer conditioned stock. Prices for better quality pens of Angus steers 280-320kg returning to the paddock regularly made from 350-374c/kg to average $1110

Feed lot buyers were the market drivers across all categories of yearlings, with prices jumping 21c/kg. Medium weight steers to feed on made from 312-341c/kg. In the feeder heifer market buyers were selective and price did fluctuate according to breed. The better shaped heifers 330-400kg sold 8c dearer making from 318-331c/kg.

Cow prices climbed in a yarding of 650. Quality was mixed with most weights and grades represented. Heavy cows sold to strong bidding lifting 18c fetching 234-258c/kg. Leaner grades gained 10c selling at 216-252c/kg. Plain cows were few making from 170-205c/kg.

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