Markets

Wagga sale 31 July 2023: Yarding lifts to 3390

Leann Dax 31/07/2023

Yarding 3390 Change +890

The Wagga cattle market saw numbers lift to 3390, in a fair to good offering.

Feeder steers displayed a varied pattern of prices ranging from unchanged to 20c/kg dearer for the lighter weights.

The fluctuations can be attributed to the varying quality, with the bulk selling from 295c to 361c/kg.

However, the scenario was different for feed heifers, as they struggled to attract buyers and experienced a price drop of 15c/kg.

The reasons behind the price drop were less major feedlot  orders in play.

Trade steers and heifers sold to stronger demand from the south, with the steers portion gaining 40c/kg.

The majority of cattle sold from 240c to 350c/kg.

The market saw a significant increase in prices for heavy bullocks which surged by 36c/kg. This surge was driven by quality and the entrance of more processors.

Heavy bullock prices fetched 250c to 316c/kg providing encouraging boost for bullock fatners.

Cows, too, experienced intense bidding, leading to a big lift of 30c/kg.

Best cows sold from 240c to 278c/kg. Leaner grades sold from 195c to 238c/kg.

Market reporter: Leanne Dax

Source: NLRS Click here to view full Wagga report on NLRS website.

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