Markets

Wagga sale 13 Dec 2021: Summer restockers lift market

Leann Dax, 13/12/2021

Yarding 2740 Change -960

Restocker and feedlot demand continues to drive cattle pricesĀ  at Wagga in a smaller yarding of 2740.

And while feedlot demand is the main factor impacting prices, summer restockers stepped into the market lifting their weight range to 330-400kg.

This weight category jumped in price with the bulk of the steers returning to the paddock averaging $2243.

Lights weights 200-280kg recorded a top price of 760c to average 736c/kg.

Heifers returning to the paddock were few with feedlots dominating all the lighter weight categories the bulk averaged $1988.

The trade cattle were almost non-existent prices ranged 460c to 478c/kg.

Feed steers were firm to 8c dearer making from 520c to 656c/kg.

Feed heifers topped at 595c making from 460c to 590c/kg

In the export run quality was outstanding with heavy steers 500-600kg in reasonable numbers. Heavy steers sold to weak demand from both feedlots and meat buyers resulting in a price dip of 14c/kg. The bulk of the finished steers making from 420c to 490c/kg.

Bullocks slipped 16c selling at 430-468c/kg.

The cow market sold to solid price trends throughout the sale as the sale. Heavy cows held firm selling at 384c to 418c/kg. Leaner types were few making from 326-400c/kg.

Market reporter: Leann Dax

To view full NLRS report click here

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