Markets

Wagga sale 31 Jan 2022: Trade steers and heifers 10-15c higher

Leann Dax, 31/01/2022

Yarding 1700 Change 610

Despite massive rain events across the supply area numbers lifted by more than 600 to 1740. Quality improved with a few more trade cattle under 500kg.

The limited availability of good domestic trade cattle is starting to show up in the form of better prices. Trade steers and heifers pushed 10-15c higher. Trade heifers sold from 535c to 556c/kg. The steers portion made from 554c to 580c/kg.

There were a few more feeder orders in operation which helped lift heifer rates up by 15c, with the bulk ranging from 500c to 588c/kg. Well-bred steers continually attracted strong bidding with breed determine the outcome on how far buyers would go. The bulk of the steers sold from 500c to 630c/kg.

For farmers who have fed stock into heavy categories the market remains erratic, with not all export companies operating. Heavy steers to kill sold from 430c to 500c/kg. In the bullock market aged played a part with younger types keenly sought. Prices ranged from 432c to 496c/kg..

There was extra buyers operating in the cow market which resulted in a dearer trend of 7c to 8/kg, Heavy beef cows made from 342c to 380c/kg. The middle run sold from 320c to 344c/kg.

Market reporter: Leann Dax

To view full NLRS report click here

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