Markets

NVLX Wodonga 8 August 2023: Export prices drop

Leann Dax, 08/08/2023

File picture of selling action at Wodonga.

Yarding 1200 Change +191

The usual processors of export and domestic stock attended the sale.

Hopes the market was on the improve after last week’s dearer trends across export grades was dashed, with price drops of 20c to 40c/kg common as the sale progressed.

Despite prime grass finished heifers in excellent condition buyers rarely chased the market which resulted in a significant price drop.

The limited supply of vealers sold to poor competition, with most selling to restockers or feedlots.

The limited few vealers made from 240 to 330c/kg.

There were insufficient numbers of trade steers to make an accurate quote, the pick sold to a top price 348c/kg.

Trade Heifers were discounted 22c making from 240c to 335c/kg.

Heavy steers lacked any sort of urgency. Heavy steers sold down to a low of 255c to average 267c/kg. Bullocks dipped 12c selling from 255c to 292c/kg.

A slightly smaller offering of 555 cows gave buyers a mixed selection to choose from. The better finished heavy cows were 30c to 40c cheaper in an erratic sale, selling from 201c to 265c/kg. The middle run of leaner types under 530kg sold at 159c to 186c/kg.

Heavy bulls sold at 220c to 247c/kg.

Market reporter: Leann Dax

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

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