Wagga sale 20 Feb 2023: Market in holding pattern

Leann Dax, 20/02/2023

Yarding 2700 Change – 100

Wagga agents mustered a few less cattle this week yarding 2700.

There were a few bursts of buying activity across the market for heavy cattle and secondary steers. But overall, the market remained in a holding pattern as it awaits rain.

Good price lift of 20c were recorded for trade heifers amid tight supplies of trade cattle.

Trade heifers sold from 320c to 380c/kg.

Trade steers were few and prices weakened 20c which was quality related.

The better covered steers to the trade made from 360c to 390c/kg.

Feeder steers sold to the usual buying group and Angus steers out paced all other breeds. Feeder steers 400-500kg were unchanged making from 360-410c/kg.

Lighter weight feed steers gained 20c selling from 360c to 463c/kg.

Feeder heifer buyers were few and prices slipped back 3c to 5c/kg.

The bulk selling from 338c to 390c/kg.

Heavy steers and bullocks sold firm to 8c cheaper, with feedlot buyers cementing a floor in prices.

The best lines selling from 322c to 385c/kg.

The cow market remained solid despite not all processors operating.

Heavy cows were unchanged making from 285c to 310c/kg.

Leaner grades ranged from 234c to 274c/kg.

Market reporter: Leann Dax

Click here to view full report on NLRS website








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