Wagga sale 29 Aug 2017: Price fluctuate in bigger yarding

Leann Dax, 29/08/2017

Prices continued to fluctuate in a bigger yarding at Wagga as the market struggled to find a base amid mixed quality, seasonal variations and volatile grain prices.

Demand from restockers varied depending in part on rainfall and seasonal conditions. But as a rule restockers weren’t prepared to chase the market much beyond 350c/kg, unless the stock weighed below 200kg. The bulk of the steers 200-280kg sold 9c lower averaging $798.00

The heifer portion continued to hold their ground as tight supplies supported rates. Generally prices lifted 8c to average $730

Some good quality domestic trade steers were slightly dearer with European and their crosses paid premium prices. Well finished steers 400-500kg gained 3c making from 290-320c/kg.

In the heifer run rates were unchanged making from 270-302c/kg. Trade heifers showing the effects of a good season sold down to a low of 260c/kg.

The best price for vealers was 326c while B muscled heifers sold to 320c/kg.

In the export market limited supplies came into play and produced stronger outcomes. Bullocks gained 4c making from 280-299.6c/kg. Heavy steers 500-600kg sold firm to a few cents cheaper, with aged steers dragging back prices. Heavy heifers were in short supply and quality didn’t meet the standard of last week’s offering. Heavy heifers with shape sold at 260-285c slipping 14c/kg.

In the cow market prices softened 3-7c/kg Heavy cows made from 237-255c/kg. Leaner types lacked yield which was reflected in the price. The main run of medium weight D2 and D3 made from 202-242c/kg.



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