Yarding 2040  Change -12850

The anticipated rain has significantly impacted cattle numbers, leading to a noticeable decrease in yarding. Heavy cattle over 500kg have become scarce, and the overall quality of the yarding was mostly secondary, with well-finished types in limited supply. Despite these challenges, a large field of buyers participated in the sale, although processors struggled to secure adequate numbers.

In the trade sale, heifers weighing between 400-500kg sold for prices ranging from 470-494c/kg. Light-weight store cattle were highly sought after by feedlots and restockers, with feedlots dominating across all categories. Restockers appeared hesitant to match the rates offered by lot feeders. Light weight steers intended for feeding, weighing 200-280kg, sold 10c dearer, ranging from 505c to 611c/kg. The restocking portion surged by 49c, with prices between 490-585c/kg. Feeder steers in the 280-330kg range gained 59c, as competition intensified throughout the sale due to limited numbers, averaging 564c/kg. Lighter-weight feed steers weighing 330-400kg also saw a gain of 19c, averaging 525c/kg, while medium-weight steers increased by 19c, averaging 500c/kg. Feeder heifers were in high demand, with prices improving by 25-42c/kg. Lighter weights 330-400kg sold for 400-502c/kg, while medium-weight heifers saw gains of 31c, fetching between 400-508c/kg.

On the export front, very few cattle were suitable for processors, with the bulk selling for prices ranging from 455-506c/kg. Heavy heifers attracted strong bidding, selling between 418-490c/kg. The yarding of cows was mixed, with big heavy types in short supply. Heavy cows firmed as the sale progressed, making from 366-411c/kg, while leaner types under 520kg sold for prices ranging from 270-387c/kg. Younger store cows fetched between 326-370c/kg.

Market Reporter Leann Dax.

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