NVLX Wodonga 4 Oct 2016: Yearling steers attract heavy attention

Leanne Dax, 05/10/2016

Despite Victorian and Riverina cattle producers facing more wet weather and flooding, agents offered a similar sized yarding of 1400 at NVLX Wodonga yesterday.

The wet weather continues to influence the market this week, supporting prices, as saleyard numbers remain rather low by spring standards.

Prices did vary, but most sales of well-finished trade cattle sold to dearer rates.

There were some strong sales of choice vealers for select butcher orders, with European-influenced calves selling from 372-424.6c/kg.

The good quality line up of yearling steers suitable for the trade ignited the bidding as major domestic buyers competed strongly for the silage and grainfed stock.  The stronger demand for quality trade steers pushed rates 17c higher, with the bulk of the offering selling at 352-412c to average 389c/kg.

Widespread rain is exacerbating trade weight procurement, which helped contribute to a dearer trend of 7c/kg for medium weight trade heifers. The bulk of the trade heifers 400-500kg sold from 330-407c/kg. Lighter weight descriptions topped at 400c/kg.

There were less feedlot orders and limited supplies of secondary cattle suitable to feed-on at Wodonga yesterday. Prices slipped 10c selling at 347-372c/kg.

Heavy grown steer and bullock prices varied once again depending on who was buying. Heavy steers 500-600kg slipped 14c making from 318-358c with a single isolated sale recording a top price of 380c/kg. Bullock prices dipped 7c fetching 310-358c/kg.

Wet conditions restricted the flow of cows to the market, with only 270 yarded.  All weights and grades of were represented in a dearer market. Heavy cows sold from 255c-289c to average 275c/kg. Leaner grades were very mixed in quality making from 229-275c/kg.




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