Markets

Wagga sale 24 August 2020: Rates lift with rain

Leann Dax, 24/08/2020

Cattle prices were mixed in a slightly bigger yarding of 1740 at Wagga.

Rain across the supply area helped lift rates 10c for steers returning to the paddock the bulk 330-400kg  making from 350-428c/kg.

There were some very good sales for lighter weight restocking heifers ,with the top pend making 476c/kg.

Trade steers lost some traction due to less supermarket bidding and plainer quality.  Trade steers sold 8c cheaper selling from 360-410c/kg. The heifer portion regained last week’s losses selling at 375-395c/kg.

The pick of the veal was outstanding, and buyers paid up to 434c/kg.

Price outcomes for feeder steers was firm to a few cents easier.

Steers 330-400kg made from 386-427c while the medium weights topped at 436c to average 402c/kg.

Feeder heifers sold to spirited bidding and prices were up to 13c dearer making from 384-418c/kg.

The best heavy steers 500-600kg  made a premium of 395c while other sales ranged from 334-393c/kg. A seasonal shortage of bullocks meant there was stronger demand from export processors which contributed to a price spike of 25c, with the bulk averaging 385c/kg.

In a small yarding of 240 cows’ prices were unchanged. Heavy cows sold s from 275-316c/kg.  Lean types were few, selling at 275-286c/kg.

 

To read full NLRS report click here

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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