Wagga 5 Sep 2016: Numbers plummet, rates stabilise

Leann Dax 06/09/2016

Numbers plummeted at Wagga after the region received 50-80mm of rain over the weekend, preventing some cattle from being transported.

There were just over 2000 head marking a fall of 1240 on a week ago. The reduced numbers did help cement a floor in rates.

Well finished vealers were paid premium prices as buyers opt to bid on quality and yield. Well finished vealer sold 25c dearer making from 380-409.2c/kg

Domestic slaughter cattle fluctuated within a few cents per kilogram of recent weeks. Trade heifers were up to 2c dearer with most making from 345-389c/kg. Trade steers sold 4c lower and required more finish selling at 348c-385c/kg

There was not as many feeder orders in place, but this did not affect prices with most sales unchanged. Well-bred medium steers sold from 345-382c/kg. Lighter weight steers ranged from 355-403c/kg.

It was a similar trend in the feeder heifer market with prices firm to 5c easier. Lighter weight feeder heifers made from 361-388c/kg.

A shortage of heavy grown steers 500-600kg lifted prices 8c with the better cover steers selling at 330-369.2c to average 358c/kg. Heavy bullocks sold to a smaller field of buyers, with prices generally unchanged making from 335-355c/kg.

The cow market struggled to find it rhythm, with prices fluctuating as the sale progressed. Heavy well finished cows sold 2c dearer making from 270-309c/kg. Leaner lighter weight grades slipped 10c to average 264c/kg.



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