Markets

NVLX Wodonga 23 Jan 2018: Prices fluctuate in smaller offering

Leann Dax, 24/01/2018

Price trends at NVLX fluctuated in the smaller offering of just over 1,100. The market struggled to find a stable base amid mixed quality seasonal variations and concerns of the strengthening dollar.

Some good quality domestic cattle were dearer, while other stock sold cheaper as buyers became extremely selective. The general run of trade steers made from 254-272c however the 100day supplementary fed portion pushed rates 15c higher to top at 302c/kg.

The 100 day trade heifers 400-500kg ignited the bidding helping lift rates by 10c/kg. The bulk of the trade heifers sold from 243-282c/kg. Yearling heifers which did not suit specifications were heavily discounted making from 212-220c/kg.

The best presented vealers were up to 12c dearer as buyers bided strongly for select calves. Fresh well finished calves sold from 290-318c while most other sales prices fluctuated widely ranging from 250-288c/kg.

Vealer lacking finish sold to feedlots and restockers making from 268-292c/kg.

Demand from restockers and feedlots varied across yearling categories depending in part on the level of local feeder competition. Yearling feeder steers 400-500kg gained 3c making from 260-302c/kg.

The yearling feeder heifer market sold to lack lustre demand, with some feedlot orders not in play. In general light and medium weight feed heifers sold 18-19c/kg cheaper making from 242-262c/kg.

A reduced line up of heavy export steers sold to increased competition from the south. Once again buyers were selective and discounted aged steers. The bulk of the steers 500-600kg were unchanged selling from 232-264c/kg. Bullocks sold to erratic price trends at times to finish the sale firm. Bullocks topped at 262c to average 258c/kg.

Cow numbers declined and so did processor attendance with only three buyers operating. Heavy cows sold 5c cheaper to average 202c/kg. Leaner types gained 3-6c averaging 193c/kg.

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