29 Jun Wagga Detailed Saleyard Report – Cattle
Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 29/06/2020 comparison date 22/06/2020
Despite damp conditions numbers increased. The relatively high prices for well-bred secondary stock have kept producers inspired to
unfinished yearlings onto the market. Price results this week were cheaper for trade and secondary stock. It was the usual group of
processors, feedlots and restockers in attendance.
There was weaker demand for light weight secondary weaner steers and heifers, with not the usual orders in place. Young weaner steers, 280
to 330kg, returning to the paddock sold to erratic bidding making from 410c to 505c/kg. There were a few orders in place for store heifers,
200 to 280kg with the bulk averaging $964/head. Secondary steers suitable to feed-on sold to the regular group of buyers. Medium weight
steers, 400 to 500kg softened 5c making from 339c to 433c/kg. The lighter weight portion sold from 390c to 435c/kg. Feed heifers were
unchanged to a few cents cheaper making from 365c to 410c/kg. Heifers suitable for the trade sold to weak demand from some processors
and feedlots resulting in a cheaper trend of 13c/kg. Trade steers sold 27c cheaper, with buyers reluctant to push against feedlot competition.
Trade steers sold from 380c to 420c/kg.
Both export and domestic buyer competition was solid over the limited supplies of heavy steers and bullocks. Heavy grown steers reached a
top price of 410c and bullocks made to 390c/kg. The cow market gained traction, with sales strong over all classes. Heavy cows picked up 10c
making from 295c to 347c/kg. Store cows were keenly sought selling at 277c to 360c/kg.