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NVLX Wodonga 7 Nov 2017: Vealer steers to 334c/kg

by Leann Dax, 08 November 2017

Cattle prices at NVLX Wodonga were boosted by reduced numbers in a yarding of just over 1000.

The Melbourne cup and wet weather over the weekend stalled the sale of stock.

There were some exciting price gains recorded in the trade market as all domestic processors were keen to secure a market share. Price surges of another 7-12c were achieved.

Among the highlights of the sale was an average of 322c for vealer steers which topped at 334c/kg. The heifer portion was also in high demand fetching 284-330c/kg.

Trade steers hit a high note defying past market trends. Well finished steers 400-500kg jumped 18c to sell from 282-307c, while the lighter weights made to a top price of 325c/kg.

Scarcity of quality trade heifers lifted rates by 7c/kg. . The bulk of the better shaped heifers sold at 272-294c to average 280c/kg. Heifers showing the effects of the season and plainer shapes sold at 258-268c/kg.

Feeder type steers were in short supply and prices were generally 5c dearer. Lighter weight steers made from 292-307c/kg.

A mixed quality yarding of feeder heifers saw buyers struggle to acquire supply. The few well-bred heifers which were purchased fetched 281-300c/kg.

Less heavy cattle and the usual group of buyers competed in the export run. The lack of numbers and stronger demand lifted rates 5-6c/kg. The better shaped heavy steers and bullocks returned 280-296c/kg.

Heavy heifers were limited and heifers with shape ranged from 258-278c/kg.

The cow market sold to steady demand, with sales unchanged. Heavy beef cows made from 233c-246c averaging 239c/kg. A few European cows sold at 250-264c/kg. Leaner types sold from 200-236c/kg.



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