Markets

Wagga sale 15 Dec: Market winds down on easing note

Leann Dax, 15/12/2020

Prices for all types of cattle have started the week cheaper at Wagga as processors move closer to the Christmas holiday break.

Not all regular export, domestic or feedlot buyers attended or operated fully. Restocking activity was also minimal with  many producers heading deeper into harvest.

The yarding this week comprised 1345 head comprising of a lot of small clean up lots, with big lines of young  cattle very few.

Trade cattle lacked the intensity of the previous market with prices peeled back 30-40c/kg. Trade heifers were hit the hardest slipping 40c making from 320-355c/kg. The steer portion sold at 340-370c/kg.

Feeder steers continued their cheaper run dipping 18c for the medium weight category. Prices ranged from 370-418.

Medium weight feeder heifers gained 10c making from 340-417c/kg.

Steers 280-330kg returning to the paddock sold 18c cheaper making from 350-454c/kg. Light weigh heifers topped at 424c/kg.

The main run of heavy steers and bullocks sold 12c cheaper making from 316-366c/kg.

Despite only three buyers operating in the cow market prices were firm to 4c cheaper. The bulk of the heavy cows selling from 250-285c/kg. Middle run of leaner types made from 240-272c/kg.

NLRS report not yet avaialble at time this article was published

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