NVLX Wodonga 25 July 2016: Prices lift in larger yarding

Leann Dax, 27/07/2016

Prices continued to lift this week at NVLX Wodonga in a slightly bigger yarding of 1,190.

The market was supported by more rain and fewer numbers at other selling centres. The only prices results to vary were for plainer shaped stock.

Bidding for heavy export cattle was strong with domestic processors having to clash for a share of the lighter weight steers 500-600kg. Prices for the best yielding heavy steers were 9c stronger selling at 340-358c/kg. Limited numbers of bullocks 600kg plus sold 6c higher to average 351c/kg.

Competition for young trade cattle to processors and feedlots remained steady with supplementary fed trade steers were unchanged making from 345-368c/kg

Trade heifers attracted the attention of feedlots too; however the standard was not as good as the previous market which resulted in a cheaper trend of 5c/kg. The medium weight portion 400-500kg sold from 322-359c/kg.

Vealers were few, which pushed prices 5-15c/kg higher. The better finished veal fetched 350-387.2c/kg.

Heavy feeder steers were keenly sought, with one major feedlot paying to 368c/kg for the top drafts. Well-bred medium weight feeder steers sold firm making from 332-339c/kg.

Feeder type heifers were in short supply and not all regular buyers made purchases this week, which caused prices to soften a few cents. Lighter weight heifers fetched 336-350c/kg.

Wet conditions restricted the flow of cows this week to 430. Quality remains mixed with some lots winter affected. Demand was stronger pushed along by increased processors and restocker competition.

Heavy cows sold 2c dearer making from 262 to 285c/kg. Leaner grades lifted up to 6c selling at 236 to 285c/kg. Cows returning to the paddock fetched from 332-287c/kg. Ends…



Your email address will not be published. Required fields are marked *

Your comment will not appear until it has been moderated.
Contributions that contravene our Comments Policy will not be published.


Get Beef Central's news headlines emailed to you -