Markets

Wagga sale 21 Feb 2022: Feeder rates ease

Leann Dax, 21/02/2022

Yarding 3100 Change 600

The Wagga market has started to track in different directions in a bigger yarding of 3140.

The sale generally lost ground over some feeder categories on the back of last week’s softer market.

The standout of the cheaper trends was secondary steers in all weight categories.

Feeder steers 400 to 500kg shed 10c making from 480-590c with odd sales to 599c/kg.

Feeder heifers held their own with competition solid throughout the sale,

The general price pattern was firm to  5c easier for coloured cattle

The bulk ranging from 480-590c/kg.

Light weight steers 200-280kg sold to similar trends making from 620-822ckg.

The heifer portion struggled to find solid support selling at 560-760c/kg.

Trade steers were few and buyers were lacked enthusiasm and were not prepared to chase the market .

Steers  400-500kg ranged from 490-510c/kg.

Trade heifers were in limited numbers and came under pressure from feedlot competition resulting in mixed price trends.

The main run of trade heifers sold from 450c to 540c/kg.

In the export market heavy steer and bullocks met strong competition from lot feeders.

Steers 500 to 600kg to feed on made from 440 to 573c/kg.

Bullocks were also keenly sought by feedlots making from 420c to 524c/kg. Steers suitable for processors sold at 420c to 488c/kg.

The cow market was supported by strong solid competition which meant these processors cemented a floor in prices.

Heavy cows slipped back 20c selling from 330-371c/kg. The middle run of leaner types sold at 302-362c/kg.

The better shaped bulls topped at 305c/kg.

 

Market reporter: Leann Dax

To view full NLRS report click here  

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