Markets

Wagga sale 18 Jan: Numbers jump with strong demand

Leann Dax, 19/01/2021

Yarding 3080 Change 1180

Feedlot and restocker demand continue to drive cattle prices at Wagga, in a bigger yarding of 3080.  Most cattle were secondary with trade and heavy types in short supply.

And while feedlots were the main market driver restockers stepped in under 380kg. Paying from 408-540c/kg to average $1643 per head.

Light weight feeder steers sold to keen competition lifting 20c to average 444c/kg.

Medium weight feeder steers were unchanged to 4c easier selling at 386-448c/kg.

Tightening supplies of feeder heifers are starting to impact on the market with prices equalling steers.

Lighter weights topped at 468c to average 443c/kg.

Medium weight feeder heifers sold from 400-441c/kg.

Trade heifers were few with processors continually rolled by stronger feedlot demand. The bulk of the trade heifers made from 366-422c/kg.

Trade steers sold 14c dearer making from 400-443c/kg.

Heavy steers and bullocks continued their solid run with prices firm to a few cents dearer at the top end. The bulk of the better finished types made from 360-405c/kg. Aged steers sold at 326-355c/kg. Heavy heifers with shape were in greater numbers making from 346-386c/kg.

Cows sold dearer in a larger offering of 470 head. Despite a small gallery of buyer’s prices were 2-7c dearer. Heavy 4 score cows sold from 290-324c/kg. Leaner types 260-305c/kg.

To view full NLRS report click here

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