Yarding 2650 Change 200
Bigger numbers at Wagga and less buyer activity with heavy rain over the past week.
Benefiting most were young store steers 280-330kg as restockers and feedlots went head-to-head for a market share.
The burst of buying activity led prices to lift making from 520c to 630c to average $2134 per head. Steers 400-500kg met patchy demand and prices softened 5c to average 563c or the equivalent of $2544.
Restockers showed absolute confidence and pushed rates up by 61c for steers 200-280kg the bulk making from 710 to 804c/kg.
Feeder heifers’ prices were erratic, with one major buyer absent. The bulk of the medium weight feeder heifers sold at 462c to 570c/kg. Heifers 330-400kg averaged 561c/kg.
Trade steers were few averaging 500c/kg.
Trade heifers were in short supply and not all processors operated fully causing patchy competition. Prices slipped 4c making from 430c to 562c/kg.
Heavy steers met erratic competition from both processors and feedlots. Steers suitable to for processors dipped 23c making from 416-468c/kg. Bullocks firmed as the sale progressed making from 416-466c/kg.
The cow market powered ahead driven by strong northern and southern demand. Heavy cows gained 16c making from 350-390c/kg. Leaner cows sold at 310-350c/kg. Store sows topped at 456c/kg.
Market reporter: Leann Dax
To view full NLRS report click here
HAVE YOUR SAY