Yarding 2335 Change +835
At Wagga cattle numbers increased significantly to 2335 and results were on par to the previous market however, at times some domestic buyers become more selective across vealer categories.
Heavy export cattle prices were mostly stronger following on from a softer trend the previous week.
The seasonal shortage of export cattle at some selling centres was reflected in the bullock prices, with the better-quality pens firm making from 350c-377c/kg. Heavy grown steers 500-600kg were keenly contested by southern processors and feedlots which resulted in a dearer trend of 6c to average 371c/kg. Heavy heifer rates lifted 5c, with the better shaped pens selling from 340c-376c/kg.
Vealer numbers and quality lifted, which occurs every now and then. Vealer steers at the top end sold dearer reaching a top price of 428c/kg. Most other veal ranged from 355-412c/kg. European vealers lacking finish were keenly contested by a northern feedlot and the odd store order. Buyers paid from 406-428c/kg.
Bidding for medium weight trade steers was influenced by the level feedlot competition and quality. After some weaker prices early, medium weight steers topped at 426c, easing back 5c/kg.
Limited numbers of well finished yearling heifers suitable for the trade helped lift rates, with prices jumping 15c/kg. The bulk of the better finished heifers 400 to 500kg to average 369c/kg.
Prices for feeder heifers kicked 44c/kg on the back of one extra operator. Lighter weight heifers to feed on 330-400kg made from 355c-445c/kg.
Supply wise yearling steers suitable for feedlots were in bigger numbers, with the well-bred secondary types well supplied. Feeder steers 400 to 500kg were unchanged to 4c easier making from 365-436c/kg. Hereford feeder steers struggled for competition prices ranged from 365-400c/kg.
The cow market gained a little traction due to the small offering of just 295 head. Prices were 3c dearer for higher yielding lines to average 302c/kg. Heavy cows made from 290-315c, while good lean types ranged from 240c-270c/kg
Market reporter: Leann Dax
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