Markets

NVLX Wodonga 4 July 2023: Domestic buying activity patchy

Leann Dax, 04/07/2023

File picture of selling action at Wodonga.

Yarding 900 Change 0

The usual winter group of export and domestic buyers were at the sale.

There was slightly more demand for heavy export cattle if they were well finished and under two years old.

Domestic buying activity was patchy and vealers bore the brunt of significantly cheaper price trends.

The bigger supply of vealers sold to poor competition with some veal not receiving a bid.

The bulk of the vealers made from 200 to 330c/kg.

There were insufficient trade steers to quote.

Trade Heifers softened 15c selling from 245c to 288c/kg. In the export feedlot competition on the younger stock contributed to a more robust sale.

Heavy steers gained 6c to record a top price 310c/kg.

Bullocks sold from 255 to 305c with aged steers again equalling cow price.

The similar sized offering of 430 cows pressured buyers to bid strongly to acquire the heavier types.

The better finished heavy types of cows were 8c dearer selling from 230c to 267c/kg. Heavy bulls sold at 216c to 246c/kg.

Market reporter: Leann Dax

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

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