Markets

Wagga sale 24 Jan 2022: Public holiday keeps numbers steady

Leann Dax, 25/01/2022

Yarding 1090 Change 260

The pending Australia day public holiday on Wednesday kept numbers steady. Quality across the yarding was fair, with most stock in secondary condition. There were very few domestic or export buyers at the rail however a bigger contingent of feedlot buyers attended after returning from the southern weaner sales. Very few trade buyers were operating, with the bulk of the cattle purchased by feedlots and back grounders.

Price gains of 10c were recorded for trade heifers and steers. Trade heifers sold from 525c to 540c while trade steers average 556c/kg. Light weight steers were limited and sold to strong bidding from restockers which resulted in a dearer trend. The well-bred lines made from 600c to 790c/kg.

Prices for feeder steers were the standout of the sale with major feedlots keen to obtain stock pushing price up to 25c/kg dearer.  Feeder steers made from 560c to 662c/kg. Feeder heifers sold 15c higher in places making from 480c to 590c/kg.

Heavy bullocks sold down to 476c but generally prices were distorted due to the limited supply. Heavy C3 steers  to feed on made 444 to 564c/kg.

It was a good quality offering of cows. Limited numbers inspired a bigger field of buyers with prices lifting 6c/kg. Heavy cows sold from 330c to 365c/kg.. Store cows were few making out to 340c/kg.

Market reporter: Leann Dax

To view full NLRS report click here

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