Markets

Wagga sale 9 Aug: Prices surge in smaller yarding

Leann Dax, 10/08/2021

Yarding 1930 Change -370

In a smaller yarding of 1900 cattle prices surged ahead with secondary cattle in high demand.

Feedlots and back grounders dominated the market pushing rates higher in what seemed like a race to secure stock. Bidding was intense and quality lines were well rewarded.

Light weight steers to feed-on jumped 12c selling from 500c to 579c/kg.

Medium weight steers gained 8c recording a top price of 554c/kg.

The feeder heifer market steamed ahead at record high prices with light weights 330-400kg selling from 494c to 545c/kg.

Tightening supplies of medium weight heifers resulted in a dearer trend of 8c with the bulk selling from 430c to 506c/kg.

Trade cattle were again limited, and the best vealers lifted 12c to 13c making from 505c to 564c/kg.

Trade steers were few and southern processors led the charge lifting prices by 33c/kg. Steers 400-500kg sold from 510c to 572c/kg.

Heifers traded 14c dearer making from 435c to 529c/kg.

Heavy steers 500-600kg sold 9c dearer selling from 420-470c/kg. Bullock numbers lifted and prices remained unchanged making from 424-454c/kg. Bullocks to feed on sold at 440c to 448c/kg.

Cow numbers dipped to just 157 head. Prices bounced 18c on the limited supplies. Heavy well finished types sold at 390c to 418c/kg. Middle run of leaner D2 and D3 gained 16c selling from 340c to 396c/kg.

To view full NLRS report click here

HAVE YOUR SAY

Your email address will not be published.

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Contributions that contravene our Comments Policy will not be published.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