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

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