Markets

Wagga sale 1 May 2023: Rain brings mixed impact

Leann Dax, 01/05/2023

Yarding 3300 Change -245

Rain over the weekend had a mixed impact at the Wagga cattle sale of 3300.

While the prospects of feed has reinvigorated restocker demand in certain areas, producers facing a tough winter have continued to sell secondary weaners and yearlings.

Weaner steers back to the paddock were unchanged selling at 395 to 483c/kg.

The heifer portion topped at 378c to average 359c/kg.

The main run of yearling steers suitable for feedlot orders 400-500kg averaged 395c and reached a top of 421c/kg.

And in somewhat of a surprise yearling heifers met a bigger group of feedlot buyers improving 6c, selling at 331 to 367c/kg.

The breed and quality for some pens of bullocks was exceptional resulting in a price lift of 10c.

The better covered young bullocks 600kg plus sold from 375c to 410c/kg.

Heavy steers  numbers were similar however processors were selective and bidding faded at times throughout the sale.

Heavy steers slipped 10c selling at 310-371c/kg.

More cows were offered this week and demand was generally weaker.

The NLRS said the main runs of heavy beef cows sold 5c cheaper, reaching a top of 318c for a single European cow.

The middle run of leaner beef cows under 530kg sold 10c to 15c cheaper with only a couple of buyers bidding.

The bulk sold from 320-360c/kg.

Click here to view full report on NLRS website

 

 

 

 

 

 

HAVE YOUR SAY

Your email address will not be published. Required fields are marked *

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Contributions that contravene our Comments Policy will not be published.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!