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Wagga sale 17 July 2017: Feeder and restocker competition falls away

Guest Author, 18 July 2017

Lighter weight weaner cattle in general hit a brick wall as pressure from the ongoing dry weather wiped significant money from all categories.

Wagga sale 10 July 2017: Cheaper prices over most categories

Guest Author, 11 July 2017

A lack of buyer support and higher feed grain prices saw most categories take a hit of 10-40c depending on condition and weight.

Wagga sale 3 July 2017: Feedlot, restocker competition lifts

Guest Author, 04 July 2017

Prices were fuelled by better feedlot and restocker competition, after some rain in the north and local area.

Wagga sale 26 June 2017: Market follows last week’s cheaper prices

Guest Author, 27 June 2017

Extremely dry conditions and plainer quality eroded prices in a reduced yarding of 3,200 cattle at Wagga. The market opened weaker on the back of last week’s cheaper trends.

Wagga sale 19 June 2017: Export processor competition wanes

Guest Author, 20 June 2017

Even with a shortage of export cattle the market lacked competition from major export processors causing the market to slide 12c/kg. The cheaper trend was obvious at the commencement of the sale with only two processors operating fully.

Wagga sale 1 June 2017: Prices fluctuate on quality, competition

Guest Author, 06 June 2017

Cattle markets in the past week have been somewhat erratic and Wagga experienced the same fluctuating price trends, depending on quality and competition.

Wagga sale 29 May 2017: Feedlot competition eases

Guest Author, 31 May 2017

Weaker feedlot competition across all categories was the catalyst for the cheaper trends. Major feedlots from Victoria NSW were operating, but some sporadically preferring well-bred lines of Angus cattle.

Wagga sale 22 May 2017: Rain inspires restocker competition

Guest Author, 23 May 2017

Recent rain inspired restockers and feedlots who had the greatest influence over most categories. Weaner steers back to the paddock sold 6-22c/kg dearer. Steers weighing 330-400kg benefited from the strongest demand with store buyers who payed from 332-392c to average $1358.

Wagga sale 15 May 2017: Quality drops in smaller yarding

Guest Author, 16 May 2017

Even with a shortage of heavy export cattle the market lacked competition for bullocks, with prices wound back 10c/kg to average 316c/kg. Top quality younger lines of heavy grown steers 500 -600kg to slaughter lifted 6c with the grain assisted portion helping drive the market higher. The bulk of the better finished steers sold from 300-338c/kg.

Wagga sale 8 May 2017: Dry conditions bring supply pressure

Guest Author, 09 May 2017

There were weaker results for prices at Wagga in a similar sized yarding of 3700, as dry conditions continue to put supply pressure on the market.