NVLX Wodonga 23 May 2023: Export demand weakens

Leann Dax, 23/05/2023

File picture of selling action at Wodonga.

Yarding 1000 Change +200

Numbers increased slightly with just over 500 cows penned.

Not all of the usual export buyers were at the sale and processors struggled to find well finished stock.

There were bursts of bidding for grain finished young cattle and European vealers, while other stock lacked competition.

The pick of the vealers sold to dearer trends, the bulk selling from 260 to 455c/kg.

There was strong demand for grain assisted yearlings resulting in steer prices lifting significantly.

Trade steers improved 52c, while the heifer portion was unchanged selling from 230c to 290c/kg.

In the export sale domestic and export processors was weak. Heavy bullocks dipped 20c making from 266c to 302c/kg. Heavy steers held their form to average 306c/kg. The bigger offering of cows met stronger competition. The better finished heavy cows were 10c dearer selling from 235c to 269c/kg. Leaner D2 and D3 cows were in limited supply as a fair portion sold to feedlots and restockers.

Prices ranged from 150c to 210c/kg.

Market reporter: Leann Dax

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


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