Markets

Wagga sale 16 Nov 2020: Harvest affects numbers

Leann Dax, November 17, 2020

Yarding 2110 Change -525

HARVEST caused numbers to fall by more than 500 with agents yarding 2100 at  Wagga on Monday, leading to price improvements.

Supplies of light weight cattle fell noticeably with very few penned. Light weight steers returning to the paddock recorded a top price of 502c to average $1706 per head.

Light weight heifers 200-280kg were limited making from 400-435c/kg.

The shortage of yearling steers prompted a price lift of 11c from feedlots the bulk of the steers 400-500kg sold from 390-442c/kg. Light weight feed steers topped at 465c to average ,$1623 per head.

Price rallied for feed heifers with a large percentage of the yarding weighing more than 500kg. Feed heifers 400-500kg made from 366-436c/kg.

Heavy heifers 500-600kg sold to strong export and domestic demand making from 330-396c/kg.

Trade steer prices were pushed along by stronger feedlot demand. Domestic buyers upped the ante creating a lift of 10c/kg. The better finished steers sold at 410-442c/kg.

Trade heifers were unchanged selling from 372-434c/kg.

Heavy domestic steers 500-600kg  reached 414c to average 389c/kg. The bullocks portion sold to fluctuating bidding resulting in a cheaper trend of 8c, to average 386c/kg.

Heavy cows remained firm selling  from 300-322c/kg. Leaner types were few making from 296-305c/kg.

To read full NLRS report click here

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