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Wagga sale 27 Nov 2017: Signs spring cattle rush coming to a close

by Leann Dax, 28 November 2017

In a bigger yarding at Wagga of 4750 prices continue to track at steady rates for secondary cattle suitable to lot feed.

Agents said the spring cattle rush maybe coming to a close as wet weather and harvest could restrict the flow of cattle into the selling centre.

The best price recorded for trade cattle was 320c/kg for lighter weight vealer steers. The main run of European vealers and their crosses fetched 292 to 319c/kg.

Trade steers prices eased 8c, due to a reasonable selection of grass finished heifers. The bulk of the trade steers made for 262-306c/kg.

Trade heifers were well supplied and the increased numbers caused prices to dip 10c/kg. The Medium weight heifer portion made from 234-286c/kg.

The prediction of more rain inspired northern restockers and prices lifted by 20c for steers weighing 280-330kg. The increased interest saw this weight range make from 285-372c/kg. The heifer portion sold from 295c to 334c/kg.

The latest rainfall outlook for the month suggests a 80 per cent chance of above average rainfalls for December. If this proves accurate the cattle market at Wagga could continue to face supply pressure for feeder cattle. This was evident last week with more heifers than steers. Medium weight feeder steers rates were unchanged making form 275-312c/kg. The lighter weights sold to erratic price trends with some sales up to 8c dearer to average 311.6c/kg.

It was more of the same in the feeder heifer market with rates firm to slightly cheaper in places. Feeder heifers 330-400kg fetched 254-308c/kg.

The export market was solid with the better heavy steers selling from 250-272c with a single pen topping at 289c/kg. National livestock Reporting service noted bullocks were limited and prices did ease a few cents selling at 246-270c/kg.

The cow market reached a top price of 239c for higher yielding lean types. The main run of well finished cows eased 5c selling from 216-238c/kg. Leaner grades dipped 4c as not all southern processors attended. The middle run of cows sold at 205-229c/kg.

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