Markets

NVLX Wodonga 12 Oct 2016: Prices supported by wet conditions

Leann Dax, 13/10/2016

Despite more rain and sodden paddocks numbers lifted to just over 1600 at NVLX Wodonga.

Cattle prices were supported by wet conditions and the unusually low numbers at all selling centres.

Rates were generally firm to cheaper, with the market showing some volatility, with returns varying for the yearling heifer portion.

The vealer market showed steady demand, with rates either side of firm. The bulk of the better finished European vealers and their crosses sold at 380-417c/kg.

Trade heifer prices were mixed, with some lines equal to last week’s rates while others cheaper. The bulk of the heifers 400-500kg made from 330-375c/kg. Butchers did pay to similar rates for the lighter weight portion to average 356c/kg.

Trade steer were well supplied and prices did fluctuate depending on who was buying. A major supermarket was keen to capture the top drafts which helped create a floor in prices. Trade steers eased 6c making from 362-412c/kg.

Bidding for export cattle seemed to stabilize, with prices firm to a few cents dearer. Heavy steers 500-600kg sold at 320-368c/kg. Heavy bullocks were in greater numbers this week making from 328-360c/kg.

The cow market showed cheaper trends over all classes in a mixed yarding of 684 head. Heavy cows slipped 10-14c making from 250-275c/kg. Leaner types dipped 10c fetching 228-265c/kg

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