The volatile market continued this week at Wagga as another wave of secondary cattle hit the sale. Prices varied amongst categories managing a big lift for Angus feeder heifers. But the general trend for beef cattle was weaker.
Prices continued to fluctuate in a bigger yarding at Wagga of 6080. The market struggled to find a base amongst secondary categories amid the very tough seasonal conditions.
Rain in the north drove rates higher at Wagga in a bigger yarding of 5080.
The price rally after recent rain was maintained at Wagga Wagga. More than 3700 cattle were yarded. Price results over all categories lifted as buyers struggle to find supplies.
Cattle markets in the past week have been erratic and Wagga experienced the same fluctuating price trends, depending on quality and competition. Agents yarded 5000 cattle, 1000 less than the previous market.
Wagga market is struggling to find a base rate with increased supplies of plainer secondary cattle.
The cattle market at Wagga is still struggling to find its feet this spring. In a smaller offering of 3380, prices continued to fluctuate on quality and who was buying, as the season remains on a knife edge.
Another wave of light weight veal and yearlings were offered at Wagga in a bigger yarding 3800 cattle. Quality was plain with the bulk of the offering secondary types.
Prices this week were fuelled by better feedlot and restocker competition, after some rain in the north and local area.
Agents yarded just over 4000 cattle and quality was generally good to fair, however there was quite a tail in the offering across lighter weight categories.