Yarding 3200 Change 350
THERE was a strong price correction to come out of Wagga on Monday, when most categories showed cheaper trends after last week’s significantly dearer market.
The season remains the biggest influence on cattle values, and in recent weeks price trends have been driven up, where an abundance of feed and water have given producers confidence to hold back stock.
However, the past few weeks has seen little rain and autumn feed struggling
Light weight steers returning to the paddock sold 22c cheaper selling at 570-720c to average $2154 per head. The heifer portion averaged $1848
Lighter weight feed steers 330-400kg sold 37c cheaper making from 540-640c averaging 2185c/kg.
Medium weight feeder steers were keenly sought by a big field of buyers, holding firm to average 587c/kg.
Interest in feed heifers increased as bidding escalated driving rates up by 4c to 9c/kg. The bulk selling from 500-580c/kg.
The best trade steers and heifers to suit domestic processors made from 492c-567c/kg.
Competition from processors for heavy steers 500-600kg was weak with rates dipping 26c to average 476c/kg. The feeder steer portion lacked the intensity of last week with prices back by 25c to average 522c/kg. Despite the reduced offering of bullock’s rates fell back 22c to sell from 415-470c/kg.
It was a mixed quality offering of cows and most buyers were operating over all classes but at substantially lower rates of 10c to 15c/kg.
Heavy cows made from 375c-402c/kg.
The middle run of D2 and D3 types sold from 290c to 390c/kg.
Market reporter: Leann Dax
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