Wagga sale 30 May 2022: Prices slip 5c in smaller yarding

Leann Dax, 31/05/2022

Yarding 2170 Change  -1100

There was not the number of cattle arriving from other regions, with numbers slumping by 1100 to 2170.

Despite plenty of storm activity, restockers were subdued causing prices to slip 5c/kg. Steers 200-280kg sold from 600 to 748c/kg.

Prices for steers over the last few weeks have tracked sideways.

Feeder steers 400-500kg were unchanged to 2c better to average 582c/kg.

Lighter weights were in short supply making from 570c-646c/kg.

Showing the impact of limited supplied over all weight categories prices improved 6-10c/kg

The medium weight portion gained 6c selling at 510c-580c/kg.

There were hefty price spikes for trade cattle 400-500kg with the grain assisted igniting the bidding.

Trade steers jumped 15c selling from550c-606c/kg.

Trade heifers improved 30c making from 480-570c/kg.

The best price paid for vealers to slaughter was 540c/kg with the balance sold to restockers and backgrounders.

Competition from processors for export cattle remained subdue with the bulk purchased by lot feeders.

Heavy steers and bullocks to slaughter sold from 410c to 500c/kg.

Feeder steers 500-600kg sold to steady demand despite the reduced supply.

Milk and 2 teeth steers made from 480-555c/kg.

A bright spot in the market was the cow sale a slight price rally for young types.

Prices improved 4c/kg

Heavy cows made from 345-382c/kg.

Middle run sold from 310c to 377c/kg.

Cows to feed on topped at 376c/kg.

Market reporter: Leann Dax

To view full NLRS report click here to visit NLRS website



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