Markets

NVLX Wodonga 7 June 2016: Wet weather pushes unfinished stock forward

Leann Dax, 08/06/2016

Persistent wet weather continues to pressure the prime sale by pushing unfinished cattle into the NVLX Wodonga.

Yarding numbers declined to 815 and prices fluctuated over plainer drafts. However demand for trade cattle was generally solid.

Plainer conditioned cattle dominated the yearling run and prices were supported by local and northern feedlot competition along with restocker inquiry at the lighter end. The main line of yearling steers 400-500kg were 2c dearer selling from 292-332c/kg. Lighter weight steers to feed on sold from 300-335c to average 326c/kg.

The heifer portion to feed on performed strongly with prices unchanged. Well-bred feeder type heifers made from 290-310c/kg.

Store conditioned light weight steers were in reasonable numbers and the top end of the steer were 5c dearer making from 315-340c/kg to average $1035

Store heifers were mixed in quality and the prices varied from 248-312c/kg.

Trade steers were limited and the better finished supplementary fed portion made from 320-340c easing 2c/kg. Grass finished steers sold at 292-312c/kg.

Medium weight trade heifers were in limited supplies and prices were unchanged to 2c easier selling at 296-318c/kg . The lighter weight 330-400kg supplementary fed portion toped at 330c to average to average 312c/kg.

Prices for export steers and bullocks showed a weaker trend of 10-12c/kg. While the very best of the domestic steers 500-600kg generally held their own. The better finished steers and bullocks sold from 290-332c/kg.

At the cow market, less processor bidding at some pens did little to push down values, with beef cows generally selling 10-15c/kg dearer. Heavy cows made from 234-258c while leaner grades ranged from 206-245c/kg. The dairy portion ignited the bidding, with the better covered types selling 25c dearer to record a top price of 229.6c/kg. Heavy bulls sold from 244-273c/kg.

HAVE YOUR SAY

Your email address will not be published.

Your comment will not appear until it has been moderated.
Contributions that contravene our Comments Policy will not be published.

Comments

Get Beef Central's news headlines emailed to you -
FREE!