Markets

Wagga sale 30 Nov: Season pushes more heavy cattle forward

Leann Dax, 01/12/2020

Yarding 2921 Change 191

Cattle prices at Wagga continue to be a mixed bag as the season keeps pushing out bigger numbers of heavy cattle that usually appear during early summer.

There were no price gains for heavy cattle with all classes showing a decline in price. Adding to the mix not all processors operated.

Heavy steers sold 15c cheaper selling at 330-375c/kg. Bullocks were back 15-20c before gaining some ground to average 344c/kg

The strongest performers were feeder steers and despite these prices slipped 13-19c/kg. The bulk of the feed steers sold at 360c and up to 460c/kg for the lighter weights.

Feeders heifers met subdued demand with not all orders in play. The main lines of light and medium weight types sold 30c cheaper making from 340-446c/kg. Only the Angus portion were paid premium prices.

Trade heifers sold to weak competition with buyers not prepared to chase the market. Prices dipped 22c to sell at 344c to 410c/kg.

Trade steers were in short supply and prices were unchanged selling at 360-437c/kg.

There was a big change to cow prices this week with rates slipping 20-30c for the heavy portion. Heavy cows made from 270-296c/kg. Leaner types sold from 240-290c/kg.

To read full NLRS report click here

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