Markets

NVLX Wodonga 4 Apr 2017: Stronger trends in smaller yarding

Leann Dax, 05/04/2017

Cattle prices have shown stronger price trends over trade and secondary categories in a smaller yarding of 1030 at NVLX Wodonga.

There has been no positive change in the weather pattern over the past week and so producers did off loaded mostly secondary types in the yearling categories.

Trade steers were in very short supply, which resulted in prices lifting 15c/kg. The bulk of the better finished steers sold from 330-362c/kg. Plainer trade types sold at 296-330c/kg.

Prime finished trade heifers were in reasonable numbers and prices were unchanged selling at 315-335c to average 321.6c/kg.

After some mixed results last week vealer prices experienced a dearer trend of 11c/kg. The best B-muscled vealers sold at 360-390c/kg. C-muscled vealer was mostly 320-366ckg. A highlight in the vealer sale was the lighter weight steers, where feedlots paid from 364-391c to average 387c/kg.

Light weight weaner steers returning to the paddock generally ranged from 330-385c to average 379c/kg.

Quality offerings of well-bred feeder steers 400-500kg generally lifted rates 5c/kg. The bulk of the steers sold at 311-352c to average 340c/kg.

The influence of local feedlot competition over well-bred secondary heifers 330-400kg showed up in the results as prices lifted 8c with feeder heifers averaging 332c/kg.

On the export front domestic and export buyers were subdued. Heavy steers 500-600kg sold 5c cheaper making from 278-335c/kg. Bullocks were in limited numbers and the shine came of values as competition weakened from major processors. Bullocks sold 18c cheaper making from 280-320c/kg.

In the cow market processor demand for slaughter cows continued to strengthen on the back of tight supplies. Heavy cows sold 5c dearer selling from 273-285c/kg.   Leaner grades sold to steady demand. The better finished lean cows sold from 268-292c/kg.

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