Markets

Wagga sale 28 Sep 2020: Heavier yarding weighs in

Leann Dax, 29/09/2020

Yarding 2030 Change -5

A slight drop in numbers at Wagga put some spark into trade weight  categories. The mixture of rain and magnificent spring pasture growth over recent weeks  resulted in a offering of 2030.

The big standout of the sale was the amount of weight in the yarding which meant many restockers left the market empty handed. The bulk of the offering weighed over 400kg.

Steers 280-330 kg found strong support from restockers selling from 410-475c, while steers over 330kg averaged $1532 per head.

The limited lightweight  heifer portion attracted strong bidding from agents and commission buyers. with prices ranging from 400-442c/kg.

Feeder steers sold to solid demand depending on breed. There were isolated sales to 422c however, most sold from 370-415c/kg.

Feeder heifers held their ground with most buyers eager to acquire numbers. Prices were unchanged making from 365-414c/kg.

Trade heifers were few and prices were 19c dearer for the lighter weights selling at 385c to 405c/kg. Medium weight trade heifers were unchanged selling at 360-408c/kg.  There was strong competition from feedlots for trade types steers, which meant domestic processors bounced the better finished 5c to average 399c/kg.

A shortage of bullocks saw prices lifted 10c selling from 354-393c/kg. Heavy steers 500-600kg were keenly contested by southern processors and a major supermarket. Despite the extra competition prices were unchanged to average 370c/kg. Heavy heifers with shape sold at 318-386c/kg.

The cow market sold to strong southern competition gaining 8c/kg. Heavy cows sold from 288-308c/kg. There were insufficient numbers of leaner types to quote, the limited few sold from 268-288c/kg.

To read full NLRS report click here

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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