Yarding 6665  Change +1615

Numbers rose significantly, influenced by prevailing dry conditions that is impacting many producers. Despite these challenges, the market showed strong sales over steers categories. Cows emerged as the standout performers this week. As the sale progressed, prices for cows saw a steady lift, reflecting strong buyer interest. Light weight categories rose significantly as the sale progressed.  A large turnout of buyers at the sale contributed to the competitive market.

Trade cattle numbers experienced an uptick, with domestic buyers eager to make purchases this week. Trade steers and heifers commanded prices ranging from 320c to 376c/kg. Meanwhile, medium-weight feeder steers remained relatively stable, to 4c dearer making 320c and 394c/kg. Light-weight feeder steers 330c to 400kg experienced a slight rise by 4c to average $1396/head. Feeder heifers maintained their position in the market, remaining unchanged with prices ranging from 300c to 365c/kg. Well-bred light weight steers 200kg to 280kg gained 32c fetching 355c to 422c/kg.

Heavy steers have emerged as one of the standout categories, witnessing a rise of 11c/kg. This increase in heavy steer prices is part of a broader trend indicating a growing demand for premium livestock as supplies shrink. Bullocks also experienced strong competition, maintaining their pricing, with sales ranging from 338c to 394c/kg. Its particularly noteworthy of the surge in heavy cow prices. Heavy cows have jumped by 26c, with prices now falling between 320 and 348c/kg. In a surprising twist cows under 520kg jumped a further 10c halfway through the sale with sales topping at 332c/kg for a particular breed.  The bulk selling from 240c to 330c/kg.

Market Reporter: Leann Dax

Source: NLRS Click here to view full Wagga report on NLRS website.