Markets

Wagga sale 27 July 2020: Buyers revel in winter weight bounty

Leann Dax, July 28, 2020

Yarding 2325 Change -655

The mild winter and prolific growth of feed in many areas gave buyers a wonderful selection of trade and heavy export cattle. The bulk of the yarding weighed 400kg plus.

Price results for trade heifers jumped 18c driven by Coles supermarkets who were struggling to fill orders due to heavy rain in the north. Trade heifers sold from 368-400c to average 385c/kg.

Trade steers in prime condition were unchanged making from 370-414c/kg.

A shortage of veal at southern selling centres helped push prices 15c higher. The pick of the veal sold from 370-432c/kg.

Light weight store steers 200-280kg were limited and rates surged 33c to record a top price of 518c to average 453c/kg.

Heifers back to the paddock were few selling at 389-444c/kg.

Feeder heifers gained 3c selling at 354-381c while the steers portion eased a few cents to average 394c/kg.

In the export run decent prices last week drew out a bigger number of heavy steers and bullocks. Despite not all buyers operating, rates gained momentum to average 5c higher. The bulk of the heavy steers and bullocks sold from 326c to 395c/kg.  Heavy heifers attracted  strong bidding from a major supermarket with prices unchanged to average 357c/kg.

In the cow run tight bidding for the best heavy cows resulted in a spread of just 285-308c/kg. Leaner types made from 255-290c/kg.

To read full NLRS report click here

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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