Markets

Wagga sale 11 May 2020: Modest gains in larger yarding

Leann Dax, May 12, 2020

Yarding 2550 Change 495

DESPITE damp conditions and global uncertainty Wagga cattle sale posted modest gains in a bigger offering of 2550.

Light weight weaners 200-280kg were a hot ticket item with agents, and commission buyers all competing for a market share. Bidding was erratic over plainer types however; prices were up to 5c dearer for the well-bred portion making from 480-530c/kg. The heifer portion sold at 400-480c/kg

The tight supplies of feeder steers underpinned the plainer lots with buyers lifting rates 10c/kg for well-bred lines. Feeder steers 330-400kg sold from 390c to 408c/kg. Heavier steers made from 380-400c/kg.

Feeder heifers were in shorter supply with feedlots out bidding domestic processors for heifers with good fat cover. The bulk of the heifers sold 5-6c dearer selling from 360-380c/kg.

There were no heifers purchased by the trade while a single pen of steers 400-500kg sold to a domestic processor for 390c/kg.

Heavy steers and bullocks were few. Heavy steers 500-600kg made from 360-369c and bullocks topped at 324c/kg.

In the cow market 850 were offered by agents. Quality was very good with a large percentage well covered. Heavy cows picked up 5-8c making from 290-317c/kg. The middle run of leaner types sold at 260-300c/kg. Store cows sold from 280-300c/kg.

To view full NLRS sale report click here

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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