Markets

NVLX Wodonga 29 August 2023: Demand lifts with improved quality

Leann Dax, 29/08/2023

File picture of selling action at Wodonga.

Yarding 700 Change -100

The usual group of export and domestic buyers were at the sale.

There was more demand for well finished trade and heavy export cattle because quality improved notably, resulting in improved competition.

The limited supply of vealers sold to strong competition. The bulk of the vealers made from 220 to 334c/kg.

There were some excellent trade steers and heifers with some grain assisted or finished on crops.

Trade heifers were unchanged while the steers portion gained 20c selling from 268c to 340c/kg. In the export market strong competition on the younger stock contributed to a more robust sale. Heavy steers gained 30c to record a top price 296c/kg. Bullocks improved 15c selling at 268 to 290c/kg. The reduced offering of 290 cows pressured buyers to bid strongly to acquire the heavier types.

The better finished heavy cows were 15c dearer selling from 222c to 256c/kg.

Heavy bulls sold at 220c to 245c/kg.

Market reporter: Leann Dax

Source: NLRS. To view full NVLX Wodonga market report and prices click here

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