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Wagga sale 9 Oct 2017: Market lifts 10c/kg

by Leann Dax, 10 October 2017

Wagga agents mustered just over 4600 cattle after last week’s Labour Day holiday Monday. The market generally posted a rally of 10c/kg across most categories.

The highlight was improved demand and prices for the best pens of domestic yearlings. Trade steers 400-500kg regularly made from 266-292c/kg. There was also a lift in demand for the heifer portion with prices ranging from 245-272c/kg.

Vealers were thin on the ground and processors paid from 266-319c/kg. Vealer lacking finish and returning to the paddock sold at 285-300c/kg. Vealers to feed on sold from 288-300c/kg.

The market did fluctuate on plainer young cattle needing further finish, with not all restockers keen to push price. Light weight steers sold from 284-342c/kg. Restockers were also keen to acquire heifers and pushed rates up to 282c/kg.

Feeder steers were quoted by agents up to 5c dearer on the previous sale. Steers 400-500kg sold from 266-289c, while the lighter weights ranged from 270-292c to average 281c/kg.

Feeder heifer’s prices were erratic at times with one buyers dominating sales. The bulk of the feeder heifers 330-400kg sold from 250-280c, while the lighter weight surged making from 255-290c/kg.

The lack of sales last week has seen the market show some spark for heavy steers and bullocks despite not all processors operating Heavy bullocks topped at 283c to average 274c/kg. Heavy steers sold from 266-280c/kg.

The top end of cow market was unchanged to few cents dearer. Heavy cows met solid demand from southern processors making from 210-228c/kg. Leaner types sold to fluctuating rates, with a northern buyer starting then pulling up in early in the sale. Prices ranged from 186-215c/kg



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