Markets

Wagga sale 11 Jan: Sizzling start to 2021

Leann Dax, January 12, 2021

Yarding 1900 Change 1622

PRICES sizzled at Wagga Wagga in a much bigger yarding of 1900. Quality was fair to good and a large gallery of onlookers who were eager to watch how the sale would unfold, with prices arguably dearer than the previous sale.

Restockers travelled from as Queensland and northern NSW along with some strong Victorian competition.

One of the major highlights was the heavy buying by major feedlots in Queensland and NSW for medium weight Angus steers. Rates bounced 30c/kg making from 416-460c/kg.

Undoubtably there was strong indications from restockers paying up to 470c for steers weighing 350kg with the bulk averaging $1650 per head.

Angus heifers attracted premium rates with the medium weight 40c/kg dearer making from 410-446c/kg. A pen of replacement heifers returning to the paddock weighing more than 400kg recorded a top price of 455c/kg.

Trade heifers were few bouncing 40c making from 395-418c/kg.

Steers suitable for domestic processors climbed 15c selling from 420-424c/kg.

Heavy export cattle sold 11-30c dearer with heavy bullocks enjoying the bigger price rise. The bulk of the steers made from 365-389c/kg.

There were 310 cows offered and despite a small group of buyers prices jumped 20c selling at 290-318c/kg.

To view full NLRS report click here

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