Wagga sale 22 Sep 2015: Market continues buoyant run

Leann Dax, 22/09/2015

Wagga cattle market continued its buoyant run for well- bred secondary cattle in a yarding of 3,655. Prices reached a top of 351c live weight for feeder steers, with feedlots clashing for a market share. In contrast trade cattle values eased 3-9c/kg.

Increased feedlot competition from Moree, Quirindi, Jindalee, and Charlton along with local feedlot orders, helped push lighter weight well-bred steers 330-400kg 7c higher, to reach a top of 351c/kg. Generally this category averaged 340c or $1227. It was more of the same in the heifer run with values lifting 3-5c with lighter weight feeder heifers making from 299-343c/kg.

Early spring rains across NSW and Victoria provided strong restocker competition over lighter weight secondary weaner’s classes, with store orders from Moree, Molong, Yarrawonga and the local area. Well-bed heifers 200-280 kg made from 285-338c to average 308c or $750. Store conditioned heifers weighing 280-320kg averaged 319c or equivalent of $930. Weaner steers were in reduced numbers and the better bred lines 280-330kg ranged from 312-344c/kg.

The lift in trade cattle numbers caused some price variations and basically put a halt to a stronger price trends. Trade steers 400-500kg eased 3c to average 336c/kg. Trade heifers 400-500kg were in greater numbers and buyers weren’t as keen on pushing past 325c, with the bigger numbers to select from. Generally prices fell 9c to average 310c/kg.

Rates held up remarkably well for heavy grown steers and while bullocks were in short supply prices did ease 3c to average 325c/kg. Well finished grown steers made from 300-341c finding solid support from a major supermarket.

The cow market opened weaker but gathered pace as the market progressed. Heavy high yielding cows eased 3c to average 262.4c/kg. Leaner grades were unchanged making from 212-257, with a run of good clean lean types averaging 245c/kg


Your email address will not be published.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Contributions that contravene our Comments Policy will not be published.


Get Beef Central's news headlines emailed to you -