Wagga Saleyard Report – Cattle

Wagga Saleyard Report – Cattle

Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 03/02/2020 comparison date 20/01/2020
Yarding 5888
Change 1788

Numbers lifted after the Australia day public holiday. The market gathered pace due in part to rain in the northern area. A large percentage of
the stock were in forward store condition with the bulk selling to lot feeders. Trade heifers and steers were few, with feedlot competition
dominating all categories. Back grounders, feedlots and a boat order were all active and operating. Heavy steer and bullock numbers were
similar, and demand was strong for the younger well finished steers. Cow numbers climbed and quality was excellent with plenty of weight in
the offering.
Price results for the good domestic heifers to processor was 24c/kg dearer. Trade heifers attracted a shell-shocked group of domestic buyers
and most processors were unable to match prices given by feedlots. Restockers struggled against the higher price trends given by a boat order
and feedlots. Light weight steers jumped 39c to average 331c/kg. Light weight store heifers returning to the paddock sold to strong local
competition making from 286c to 318c to average 307c/kg. A bigger field of feedlot buyers were operating in a stronger market for light and
medium weight categories. There was significant higher demand for feed steers, 400-500kg, with prices generally lifting 39c to average
331c/kg. Medium weight feed heifers sold to stronger competition gaining 36c to average 305c/kg.
Grown steers and bullocks were in reasonable supply and quality was very good. The younger well finished steers met strong demand from
feeder buyers and Queensland export processors made from 285c to 325c/kg. Bullocks were limited and prices averaged 299c/kg. Heavy
heifers with shape sold from 284c to 308c/kg. Despite the larger yarding of cows, prices strengthened over all classes. Prices were 12c to
16c/kg dearer. Heavy cows sold to a bigger group of processors selling from 250c to 280c/kg. The D2 and D3 types made from 223 to
248c/kg.