Slightly bigger numbers at Wagga and less buyer activity led to another price correction over most categories.
One of the classes effected were young store steers 200-280kg as restockers faltered.
Prices fell back 30c due to minimal competition, with the bulk making from 450c to 566c/kg to average $1350
Feed steers 400-500kg sold to erratic demand and the overall trend was 5c cheaper making from 450c to532c/kg.
Lighter weight feed steers sold a smaller gallery of buyers and prices pushed up to 568c but overall averaged 10c cheaper.
Feeder heifer prices were erratic, with a few major buyers absent. The bulk of the medium weight feeder heifers sold at 400c to 496c/kg.
Heifers 330-400kg slipped back 30c making from 430c to 460c/kg.
Trade steers were few, softening 5c to sell from 450c to 496c/kg.
Trade heifers were in reasonable supply and not all processors operated fully causing a dramatic shift in buying tempo. Prices slipped 45c, with the better finished making from 400c to 455c/kg. Plainer trade heifers sold from 350c to 380c/kg.
Heavy steers met erratic competition from both processors and feedlots. Steers suitable to for processors making from 400-430c/kg. Bullocks firmed as the sale progressed making from 370-430c/kg.
The cow market lost considerable traction over all weight classes with processors not prepared to chase the market . Heavy cows lost 25c making from 322-355c/kg. Leaner cows sold at 200-295c/kg.
Market reporter: Leann Dax
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