Markets

NVLX Wodonga 9 May 2023: Market fluctuates with selective buying

Leann Dax, 09/05/2023

File picture of selling action at Wodonga.

Yarding 1050 Change -450

Numbers were similar with almost half the offering cows in all weights and grades.

All of the usual export and domestic buyers were at the sale and processors were extremely selective on what they would compete on.

This caused a fluctuating market with buyers operating around quality.

The reduced supply of vealers sold to mixed trends. The vealers made from 310 to 418c/kg.

Bidding was strongest for European types and their crosses. Trade steers slipped 78c, while the heifer portion dipped 71c selling from 280c to 355c/kg.

In the export sale domestic and export processors were again subdued. Heavy bullocks dipped 25c making from 296c to 328c/kg.

Heavy steers lacked processor competition and prices fell 20c to average 313c/kg. The big offering of cows met weak competition in a very erratic market. The better finished heavy cows were 15c cheaper selling from 245c to 278c/kg.

Store cows suitable to feed on dipped 21c averaging 185c/kg.

Market reporter: Leann Dax

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

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Comments

  1. GRAEME, 10/05/2023

    Well done

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