Markets

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

 

 

 

 

 

 

HAVE YOUR SAY

Your email address will not be published.

Your comment will not appear until it has been moderated.
Contributions that contravene our Comments Policy will not be published.

Comments

Get Beef Central's news headlines emailed to you -
FREE!