Markets

NVLX Wodonga 2 May 2023: Cow prices vary with selective buying

Leann Dax, 02/05/2023

Selling action at Wodonga.

Yarding 1500 Change + 300

Numbers lifted substantially with 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 types they would bid on.

This caused big price variations, particularly in the cow market.

The reduced supply of vealers sold to mixed trends.

The pick of the vealers made from 385 to 445c/kg. Bidding was strongest for grain assisted yearlings however prices were back on last week’s grain assisted stock.

Trade steers slipped 40c, while the heifer portion softened 7c selling from 334c to 437c/kg.

In the export sale domestic and export processors were subdued.

Heavy bullocks dipped 11c making from 310c to 385c/kg.

Heavy steers lacked competition and prices fell 75c to average 334c/kg.

The bigger offering of cows met weak competition in a very erratic market.

The better finished heavy cows were 20 to 30c cheaper selling from 240c to 298c/kg.

Plain light weight cows were in big numbers and prices fell 38c to 58c/kg.

Store cows dipped 58c averaging 212c/kg.

Market reporter: Leann Dax

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

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