Yarding 2100  Change -455

This week, at Wagga Wagga, NSW, the cattle market experienced a considerable drop in numbers, with a total of 2,100 cattle yarded by agents, which included 275 cows.

The quality of the cattle on offer remains varied, with secondary cattle predominantly influencing the market.

Despite the decrease in overall numbers, feedlots continue to assert their dominance.

Steers making their way back to paddocks saw a positive increase, rising by 50c and averaging around $1,400. Local restockers leading the charge. Prices for these steers did fluctuate between 475 and 610c/kg, highlighting a competitive market for those local buyers aiming to capitalize on the existing conditions.

Lightweight feeder steers experienced robust demand due to limited availability, gaining 39c and selling within the range of 470-590c/kg.

Medium-weight steers also posted gains, improving by 15c, with prices topping out at 540c/kg. Equally, trade steers were scarce, causing domestic processors to face challenges in securing adequate supply, resulting in prices ranging from 508 to 546 cents, reflecting an 18c increase. Trade heifers 400-500kg slipped 20c which was quality related making from 440-515c/kg. Feeder heifers remained in sufficient numbers, with medium weights holding steady at 408 to 528c/kg.

Heavy steers and bullocks were scarce making from 460c to 533c, while heavy heifers reached a peak of 507c/kg. The cow market showed strength, attracting strong bidding that resulted in a 5c increase for well finished types, with sales ranging from 410-450c/kg. Leaner cows weighing under 520kg also enjoyed a positive trend, gaining 15c and  selling for between 324 and 394c/kg.

Market Reporter Leann Dax.

Source: NLRS Click here to view full Wagga report on NLRS website.