NVLX Wodonga 17 Oct 2017: Trade prices lift

Leann Dax, 18/10/2017

This week’s offering of just over 1900 cattle at NVLX Wodonga increased by 400 head.

Quality across trade and export categories was very good; with good supplies of top quality domestic trade cattle, of which some pen lots were grain fed.

Trade prices lifted as more buyers were intent on competing for a market share on all the better finished lines. Young steers suitable for the trade generally experienced a 7c rise, although there were times where plainer conditioned stock struggled to attract solid competition.

European steers and their crosses commanded the better trade prices and steers 400-500kg generally made from 280- 302c averaging 292c/kg. Medium weight trade heifers were in better conditioned, which contributed to a rise in demand from processors at times through the sale. The better finished lines sold from 266-288c to average 273c/kg.

Vealers were in shorter supply and at the top end quite a few pens made from 300-322c/kg. The better price rates however were for select pens which suited domestic orders. Most veal ranged from 278- 300c/kg. Vealers that lacked finish sold to restock and feed orders making from 285c to 322c/kg.

Solid feedlot competition saw secondary heifer and steer prices firm. Lighter weight feeder heifers 330-400kg to feed on made from 272-280c/kg. Secondary steers lifted in quality and demand with prices jumping 9c to average 285c/kg.

Prices were strong for Heavy grown steers 500-600kg in a bigger offering than the previous sale. Heavy steers were up to 5c dearer as processors scramble to fill their orders. Most of the better finished younger steers made from 270c-294c/kg. Bullock quality was good and buyers paid up to 7c more than the previous sale to average 286c/kg.

Cow numbers were steady with agents offering just over 490 head. Despite two southern processors purchased the bulk of the offering prices lifted 5-9c/kg. Heavy cows made from 226-245c to average 235c/kg. The better leaner types fetched 212.235c/kg. Heavy bulls topped at 270c/kg.


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