Markets

NVLX Wodonga 14 June 2016: Bullocks to 328c/kg

Leann Dax, 15/06/2016

Cattle prices at NVLX Wodonga continued to gain momentum following useful rain in a yarding of 1,130.

Among the highlights on Tuesday were bullocks gaining up to 18c reaching a top of 328c to average 321c/kg. Heavy steers also trended 7c dearer making from 295-330c/kg.

The trade market started strong and firmed as the sale progressed due to a shortage of yearling cattle with adequate fat cover. Yearling steers grain fed commanded premium prices selling at 320-348.2c/kg

Trade heifers were in short supply and the tighter supplies lifted prices 2c/kg. Well finished heifers 400-500kg consistently made from 300-330c/kg.

There was a price kick for British bred vealers of 8-15c owing to the stronger demand from a northern feedlot and restockers. European veal and their crosses were unchanged making from 322-355c/kg.

Vealers lacking finish were keenly contested by a northern buyer and rates for the steer portion returning to the paddock jumped 26c to average 341c/kg.

The market broke out of its holding pattern for feeder steers with prices lifting 7-9c/kg. Medium weight feeder steers fetched 310-340c/kg.

Feeder heifers were limited and the well-bred portions were in short supply which contributed to a dearer trend of 4c to 7c/kg. The general run of better bred heifers made from 300-318c/kg.

A similar size line up of 450 cows was tendered and quality was quite mixed through the yarding. Competition intensified and prices lifted 10-20c/kg. Heavy cows made from 250-287c to average 266.9c/kg. Leaner cows sold from 212-262c/kg. Heavy bulls topped at 278.6c/kg.

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