Markets

NVLX Wodonga sale 20 Dec 2016: Bidding dearer as 2016 draws to close

Leann Dax, 20/12/2016

It was a smaller yarding for the last sale of the year at NVLX Wodonga with agents penning just on 500 cattle.

Bidding for young cattle was generally dearer ending the run of softer prices. Vealers were again a highlight with prices hitting 372.6c/kg. The general run of vealers sold from 312c-361c/kg.

The approaching holiday abattoir closures strengthened yearling trade prices 1-4c/kg. There were only limited numbers of yearling steers 400-500kg which sold to the trade and, the better finished steers made from 310-315c with a single isolated sale of supplementary fed steers making 345c/kg. Medium weight yearling trade heifers tracked close to last week’s rates for the better finished types selling at 285 to 313c/kg.

The feeder steer market still managed to lift 17c, even with reduced feedlot orders. Medium weight steers made from 307c-345c to average 333c/kg.

Heifers suitable to feed-on commanded premium prices and rates were pushed 13c higher for lighter weights, with a local feedlot paying from 320-339c/kg.

Heavy grown steer and bullock prices strengthen. Most of the support was from export processors for bullocks which resulted in a dearer trend of 8-15c /kg. Heavy steers and bullocks made from 298-315c/kg.

Prices for cows were stable. Heavy higher yielding lines made from 218-235c to average 225c/kg.

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