Markets

NVLX Wodonga 6 Feb 2018: Varied price trends in quality yarding

Leann Dax 07/02/2018

The market at NVLX Wodonga sold to varied price trends in a good quality yarding of 1,520.

There was another round of good competition for European vealers and their crosses of 8c/kg across most classes including heavier types. It comes amid tighter supplies at most selling centres. Well shaped vealers sold from 280-320c/kg.

Domestic processors were more subdued this week in a very good quality offering of yearling cattle. Yearling trade steers were 5c cheaper selling from 260-306c to average 274c/kg.

Bidding for yearling heifers fluctuated depending on who was buying, and the general trend was weaker. Trade heifers 400-500kg sold 14c cheaper making from 247c-292c/kg.

Lot feeder demand continued to be steady with feeders paying up to 278c/kg for well-bred types. Medium weight steers to feed on were unchanged making from 242-276c/kg. The lighter weight portion 330-400kg sold at 252-278c/kg.

In the feeder heifer market prices were quoted by the National Livestock Reporting service 5c cheaper due in part to not all feedlot buyers operating. The bulk of the feeder heifers 330-400kg sold at 246-277c/kg.

The export market continued its buoyant run and buyers kept a solid floor in prices. The market was spurred on by increased competition and prices were firm to 4c dearer. Heavy steers 500-600kg sold at 244-278c/kg. Well finished bullocks made from 257-275c to average 266c/kg.

Southern processors claimed the biggest percentage of cows in a very good quality yarding of mostly well finished types. Heavy cows sold either side of firm. The bulk of the heavy D4 and D3 categories sold at 176-222c/kg. Leaner types made from 170-204c/kg. Bull prates eased 16-18c, with the better shapes selling from 200-234c/kg.

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